$BTC Bitcoin (BTC) is trading around $63,800–$64,000, showing weakness after recently falling below $64K.
Technical outlook: The key support zone is around $62,500–$63,000. Holding this area could trigger a recovery toward $65,000–$66,800, while a decisive break below $62,500 could increase downside pressure.
Overall: Short-term sentiment remains cautious/bearish, with macroeconomic uncertainty and upcoming U.S. inflation data potentially increasing volatility.#USJulyCPI&PPIDueThisWeek #SenateDelaysCLARITYActVoteToSeptember
Technical outlook: The key support zone is around $62,500–$63,000. Holding this area could trigger a recovery toward $65,000–$66,800, while a decisive break below $62,500 could increase downside pressure.
Overall: Short-term sentiment remains cautious/bearish, with macroeconomic uncertainty and upcoming U.S. inflation data potentially increasing volatility.#USJulyCPI&PPIDueThisWeek #SenateDelaysCLARITYActVoteToSeptember