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š Cryptocurrency week: Bitcoin under pressure, but there are chances for growth š
From February 3 to 9, experts predict volatility in the bitcoin (BTC) exchange rate, which traded around $99,000 in early February with a 5% drop for the week. The main factors affecting the market are: the US President's statement on OPEC+ and diplomatic disagreements, as well as the impact of new tariffs on imports.
Technical analysis shows that for bitcoin's recovery and growth it is important to hold the level of $105,500. If this level is overcome, the exchange rate could rise to $107,250 and further above $110,000. The key events in the coming week will be the publication of business activity indices and employment data, which could significantly affect risk assets.
Bitcoin continues to remain in the spotlight despite short-term fluctuations. Investors are hoping for an improvement, especially against the backdrop of positive news and institutional investment 0 reply
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