BTCUSD

Bitcoin and cryptocurrencies continue to move in parallel with changes in global risk appetite. The Fed's dovish stance and the expectation of liquidity being provided to the markets could create a positive scenario for Bitcoin and bring the resistance level of 105418.64 into focus. However, increasing geopolitical risks and tightening messages that may come from the Fed could drive investors away from risky assets like Bitcoin, leading to a decline towards the support level of 103867.54, below the pivot level of 104982.89.