BTCUSD

The focus in the cryptocurrency market is also on the US side; President Powell's speech and new economic data to be released throughout the week could increase volatility. BTCUSD is stalling at resistances of 122199.31, 120598.99, and 118415.38, while trading around the pivot of 117398.35. As upward movements target resistances, the levels of 115214.74, 114197.71, and 112597.39 come forward as support in the event of a global flight to safety. It is expected that the political agenda, along with macro data, will be decisive in pricing.