Bitcoin price volatility continues as it approaches a critical resistance level at $114,000, which is being monitored closely by traders. The cryptocurrency, along with U.S. stocks, appears to be ignoring the recent trade deal with the EU, focusing instead on upcoming economic signals, particularly from the Federal Reserve's Jackson Hole event. Analysts indicate that the price needs to convincingly drop below $114,000 to trigger further downside movement. Concerns over future interest rate cuts are increasing, with the odds of no cuts being implemented next month rising notably. As traders assess market liquidity, significant support is noted around the $112,900 level, while key fluctuations in price could indicate weaknesses in market structure. Overall, uncertainty prevails as major economic decisions loom.

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