Analysis: What to Expect from Bitcoin's Price
in the Next Week?
Bitcoin's (BTC) price has shown resilience, even with recent volatility. For the upcoming week, technical analyses and macroeconomic factors suggest a cautious scenario, but with potential for growth in the medium and long term.
Technical analysis points to a crucial support level in the range of US$ 110 thousand to US$ 108 thousand. If this level is broken, a sharper correction may occur.
However, the weekly trend remains bullish, and the increasing institutional adoption, with strong inflows into Bitcoin ETFs, continues to be a positive catalyst.
Macro factors, such as inflation data and interest rate decisions, should also be closely monitored, as they may impact the appetite for risk assets.
Overall expectation is for a week of consolidation for BTC, with price movements within a narrower range.