📉 Bitcoin below 90 thousand... and markets in a waiting position
Bitcoin quietly dropped below $90,000 with low liquidity on Sunday and clear caution from investors ahead of a week full of economic data and central bank decisions.
Traders have started to sense danger in Bitcoin and alternative currencies.
$BTC The level of $86,000 remains an important support, and breaking it could open a deeper correction.
Eyes are now on U.S. employment data, inflation, and Federal Reserve speeches, in addition to the possibility of interest rate hikes in Japan and their impact on the carry trade.
Until the outlook becomes clearer, the market is moving within a narrow range, and caution is required.
