Bitcoin defends $80K support as US tech earnings and inflation data loom
Bitcoin buyers worked to hold the $80,000 support level over the weekend. A busy week of US tech earnings and inflation data is ahead, along with an FOMC decision. These events may shift sentiment and affect how traders position in bitcoin.
Why it matters
- Bitcoin bulls fought to keep the $80,000 support level over the weekend.
- A heavy week of US tech earnings could influence sentiment across risk markets.
- Inflation data and the FOMC are key events that may shape expectations for bitcoin.
What to watch next
Watch whether bitcoin holds $80,000 support as US tech earnings, inflation data and the FOMC decision arrive.
