BTCUSD

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BTCUSD

US inflation data will continue to guide risky assets in the cryptocurrency markets. Changes in risk appetite in traditional markets are expected to create volatility in all major cryptocurrencies, including Bitcoin.

Technical Levels: 11981.84 - 11845.24 - 116708.64 - 11385.44 - 11294.12 - 11096.24 - 10925.64

Upward movements above the 116708.64 pivot level could lead to resistance areas at 11845.24 and 11981.84. In case of closes below the pivot, support levels at 11385.44 and 11294.12 will be on the agenda.