The Bitcoin price started the new week with an increase and approached $64,000, but met resistance here.
Analysts emphasize that investors are waiting for the November US election results for the rise, while also highlighting the importance of the CPI data to be announced on Thursday. At this point, BRN analyst Valentin Fournier pointed out that the weekend's rise was due to lower-than-expected US unemployment figures, arguing that Bitcoin could soon test the $68,000 level. Fournier, stating that the US CPI and PPI data could be the catalyst for the rise, expected resistance between $65,000 and $67,000, but expressed that Bitcoin will also surpass this resistance. #HotTopicDiscussion #BTC #GateioInto11 #ContentStar
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The Bitcoin price started the new week with an increase and approached $64,000, but met resistance here.
Analysts emphasize that investors are waiting for the November US election results for the rise, while also highlighting the importance of the CPI data to be announced on Thursday.
At this point, BRN analyst Valentin Fournier pointed out that the weekend's rise was due to lower-than-expected US unemployment figures, arguing that Bitcoin could soon test the $68,000 level.
Fournier, stating that the US CPI and PPI data could be the catalyst for the rise, expected resistance between $65,000 and $67,000, but expressed that Bitcoin will also surpass this resistance. #HotTopicDiscussion #BTC #GateioInto11 #ContentStar