the past day 30 thousand dollarsBitcoin (BTC), which retreated after trying its threshold, is cautious ahead of US inflation data.
Following a course in parallel with the activity in the global markets, Bitcoin has not yet finished the uncertainty phase. Although last day BTC Although its price exceeded 30 thousand dollars, this was short-lived. BTC started to pull back after trying to $ 30 thousand. starting the day of BTC 29.5 thousand dollarsappears to be level.
10 Augusthour as of 15:30 US inflation data will be presented to global markets. Before these data, the cautious wait continues on the BTC side. However, it is expected that BTC will gain volatility during the day and meet the data. So what price levels for BTC stand out on this critical day?
Bitcoin (BTC) technical analysis
With the effect of PayPal news feed, fast moving Bitcoin ( BTC), 30 thousand dollars Tried it two days in a row. However, BTC could not sustain above $ 30 thousand in both days. day 29.5 thousand dollarspassing the level BTC We have US inflation data before us. In the light of this data BTCAn increase in activity is likely.
Recently, BTC $30,250 could not handle the selling pressure. The resistance and increased selling in this region led to BTC’s pullback. Although the leading cryptocurrency tested $ 30,160 the next day, it could not sustain in this region. When we come to the third of the active days, it is seen that BTC is following a cautious chart.
The weakening of BTC and the compression of inflation data could accelerate the pullback. Although the $29,500 level is the support zone for BTC, it is worth remembering that this area is in close contact. After possible inflation volatility, $29,070 can be seen on the BTC side.
If the US inflation data comes back positive, BTC will be back again. $30,250 level Might want to test it. If persistence in this region is maintained, the next target for BTC could be around $31,100. However, as it is a data day where volatility can occur, it would not be surprising if BTC exhibits instant activity.
