BTCUSD

Bitcoin is maintaining a positive outlook by holding above the pivot level of 110396 and is testing the resistance at 112149. Cryptocurrencies generally react more indirectly to data from the macroeconomic calendar compared to other financial products. Therefore, throughout the week, overall changes in global risk appetite and technical levels will be more decisive than employment or PMI data coming from the U.S. If the price breaks the 112149 (Resistance 2) level permanently, bullish momentum may increase, and 113025 (Resistance 3) could become the next target. However, any potential selling pressure from this level or an increase in risk aversion in global markets could pull the price back toward the 110396 pivot level and, if that level is broken, toward 109906 (Support 1). Events that could influence overall market sentiment, such as a speech by U.S. President Trump, may also indirectly affect Bitcoin prices.