📊 Cryptocurrency Price Predictions – European Session Summary | July 9, 2025
🔹 Bitcoin BTC: Trying to hold above the $58,000 level amid limited range trading. Markets are awaiting US inflation data tomorrow, which could be pivotal in determining the next direction. The nearest support currently is at 56,800$ and the resistance at $59,400.
🔹 S&P 500 Index (SPX): The index continues its slow rise amid cautious conditions on Wall Street. The positive correlation between SPX and Bitcoin suggests a potential upward movement for cryptocurrencies if the momentum continues.
🔹 AAVE Coin: Experiencing stability after a slight rebound from the $85 area. Investors are watching for a break above 90$ as a signal for the beginning of a new upward wave. RSI and MACD indicators provide us with slight positive signals.
⚠️ Summary: The market is in a state of anticipation and relative calm before the release of important economic data, but strong movements are expected after the clarity of vision. Close monitoring is required in the coming hours!
