BTCUSD

Risk appetite and sensitivity to global macro data continue in the crypto market. The inflation data to be released in the U.S. could create volatility in Bitcoin. High inflation may lead to selling in the markets, while low data could trigger an increase in risk appetite and a rise.

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

In upward movements above the pivot level of 116708.64, resistance levels of 11845.24 and 11981.84 should be monitored. In case of closes below the pivot, 11385.44 and 11294.12 will stand out as support.