BTCUSD

The lack of a significant macro data flow on the second trading days of the week may cause Bitcoin pricing to be shaped more by market dynamics and liquidity conditions. Technically, the preservation of the support zone between 11385.44 and 11294.12 could maintain the potential for a recovery towards the resistance at 11845.24. Losing this support zone and particularly maintaining a position below the level of 11096.24 could increase the risk of selling pressure towards the level of 10925.64.