BTCUSD

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BTCUSD

Throughout the week, macro data is decisive in the crypto market: The impact of FOMC and US employment data on the dollar and risk appetite is critical. The 118225.00 pivot level is an important support-power zone. A strong dollar and positive US macro data could push BTC down to 116704.99 and 115844.05. If risk appetite increases in the markets or the Fed remains dovish, resistance levels of 119075.94 and 120595.95 could come into play. For tight and volatile movements and major breakouts, US employment data should be closely monitored on Wednesday evening and Friday.

Support :

116704.99 - 115844.05 - 114868.57

Resistance :

120595.95 - 119075.94 - 118225.00