Bitcoin’s Trajectory Uncertain Amidst Macroeconomic Expectations

Bitcoin is currently navigating a crucial juncture as traders await key macroeconomic announcements that could significantly impact its short-term direction. At the time of writing, the flagship cryptocurrency hovered around $112,787, showcasing a modest 0.30% increase over the past day but underperforming last week. While Bitcoin remains resilient, analysts acknowledge that investor responses to crucial support and resistance levels in the coming days will determine its trajectory.