#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.