BTCUSD

Bitcoin is fluctuating around the pivot level. Central bank decisions and FOMC minutes may indirectly affect the cryptocurrency markets. Technically, if the first resistance level is surpassed, the upward trend may accelerate towards the next resistance. Below the pivot level, the first support level may be tested.

This week, central bank decisions (especially from Australia and New Zealand) and FOMC minutes could increase volatility across all markets. The FOMC minutes to be released on Wednesday may provide clues about the Fed's interest rate policy and trigger significant price movements in financial markets.