Bitcoin stands at a crossroad as traders anticipate a number of forthcoming macroeconomic announcements. At the time of writing, the flagship cryptocurrency was trading around $112,787, a small gain of 0.30% per day, but a weaker performance over the week. Despite the resilience of Bitcoin, analysts are cautious that the short run direction of Bitcoin will rely on how investors will respond to major levels of support and resistance in the coming days. L’article Bitcoin Balances on Edge as Investors Await Key Macro Triggers est apparu en premier sur Cointribune. Bitcoin stands at a crossroad as traders anticipate a number of forthcoming macroeconomic announcements. At the time of writing, the flagship cryptocurrency was trading around $112,787, a small gain of 0.30% per day, but a weaker performance over the week. Despite the resilience of Bitcoin, analysts are cautious that the short run direction of Bitcoin will rely on how investors will respond to major levels of support and resistance in the coming days. L’article Bitcoin Balances on Edge as Investors Await Key Macro Triggers est apparu en premier sur Cointribune.

Bitcoin Balances on Edge as Investors Await Key Macro Triggers

A glowing Bitcoin teeters on a cliff as a nervous investor reaches out under stormy economic skies.

Bitcoin stands at a crossroad as traders anticipate a number of forthcoming macroeconomic announcements. At the time of writing, the flagship cryptocurrency was trading around $112,787, a small gain of 0.30% per day, but a weaker performance over the week. Despite the resilience of Bitcoin, analysts are cautious that the short run direction of Bitcoin will rely on how investors will respond to major levels of support and resistance in the coming days.

L’article Bitcoin Balances on Edge as Investors Await Key Macro Triggers est apparu en premier sur Cointribune.

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