#mercado #analysis Bitcoin (BTC), XRP and Gold (XAU): Weekly Market AnalysisThe week ending has been marked by anticipation surrounding new monetary policy decisions from the Federal Reserve, amidst mixed inflation figures in the U.S. and a slowdown in industrial growth in China.
Geopolitical tension between the West and the Eurasian bloc has added uncertainty, especially in energy and commodity markets. Meanwhile, cryptocurrencies and metals have shown significant technical reactions that anticipate possible strong movements.
Bitcoin (BTC)
Bitcoin experienced a strong pullback on Friday after breaking its ascending low structure. The 30-minute chart reveals a break of the upward trend line that had been holding since May 19, accompanied by a sharp increase in selling volume.