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The Krypto market is currently undergoing a period of uncertainty, marked by weak exchange volumes and increased volatility. While bitcoins oscillate between a breakthrough towards $ 100,000 and possible correction, macroeconomic factors, especially FTX reimbursements and inflation, they will play a key role in its development in the next week.
Bitcoin: A breakthrough for $ 100,000 or a new correction?
After a slight withdrawal at the weekend, Bitcoins (BTC) remain relatively stable. However, some analysts believe that a more significant movement may occur in the coming hours, because Sunday is often a key day for the Krypto market. With a weekly fence and re -opening Mercantile Chicago Exchange (CME), contracts for bitcoins achieve large volumes and exceed 97,000 BTC.
According to Columbus, another major variation may be an increase in resistance to $ 100,000, but everything will depend on the development of liquidity. On the contrary, a significant decline could bring bitcoins back to an area of $ 85,000 in the event of a chief technical support.
Macroeconomic factors and their impact on the crypto market
Next week, it could be decisive for the crypto market, especially with the beginning of FTX payments. This procedure, which could redistribute several billion dollars to creditors by the end of the year, could support the liquidity of altcoins. However, the publication of data from the Consumer Expenditure Prices Index (PCE) is scheduled for 28 February, arouses concern.
This indicator, which reflects inflation narrowly and follows the American Federal Reserve (Fed), is likely to be influenced by the decision of the investor crypto. The markets now expect a single drop in interest rates by 2026, unlike more optimistic previous predictions. In this context, the improvement of macroeconomic conditions remains limited and dominated by caution.
The crypto market therefore develops in the climate of uncertainty and oscillates between the ascending breakthrough and the correction. Payment and inflation of FTX will play a key role in the coming days. In the face of fluctuating liquidity and uncertain economic perspectives, investors must remain careful and carefully monitor further development.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.