#BTCPrediction

The sentiment of the global market and the most recent macroeconomic developments are likely to continue to influence the price of bitcoin throughout the course of the next day. Inflation data, U.S. interest rate projections, and general market liquidity are some of the variables influencing the movement of Bitcoin. According to technical charts, Bitcoin is positioned close to a significant support area, and the 50-day moving average may act as a buffer. There may be a brief ascent toward resistance close to recent high if bullish momentum persists. However, more selling pressure could force Bitcoin to test lower support levels.

Market sentiment remains cautiously positive, with traders closely monitoring updates on regulations and institutional involvement.

Furthermore, funding rates and futures market open interest reflect mixed leverage positions, underscoring trader uncertainty. In this environment, BTC’s price may experience fluctuations of 2-5% in either direction within the next 24 hours, spurred by quick market shifts.

Investors should keep a close eye on major news and technical indicators, as Bitcoin’s short-term performance remains highly responsive to market dynamics and broader economic developments.