82,000 USD or the key support level for BTC, will be severely impacted by macroeconomic factors in the short term
The price of Bitcoin will continue to be pressured by macroeconomic developments and global trade issues. This week, all eyes will be on major economic events in the United States, including the Consumer Price Index, which is expected to indicate a slowdown in inflation, while the job vacancies report will be a key indicator of labor market strength and the potential for interest rate cuts.
Due to disappointing Bitcoin reserves in the United States, Bitcoin faces the risk of closing below 82,000 USD for the week. If Bitcoin falls below this key price support level of 82,000 USD, it could trigger the liquidation of leveraged long positions worth 1.13 billion USD.
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