Technical Analysis: Micro Outlook for Bitcoin
Since testing the $33,901 support level, Bitcoin seeks to maintain its upward momentum, supported by the price trends surrounding spot BTC ETFs. While the next major ETF news may take some time, Bitcoin faces decisions from the US Federal Reserve regarding interest rates and the release of non-farm payroll data in the coming week. If outcomes align with expectations, BTC could experience limited volatility, hovering around $34,700, with potential to reach $35,000.
Since testing the $33,901 support level, Bitcoin seeks to maintain its upward momentum, supported by the price trends surrounding spot BTC ETFs. While the next major ETF news may take some time, Bitcoin faces decisions from the US Federal Reserve regarding interest rates and the release of non-farm payroll data in the coming week. If outcomes align with expectations, BTC could experience limited volatility, hovering around $34,700, with potential to reach $35,000.
