Bitcoin traded near $62,800 on Monday as investors prepared for a packed week of economic releases and geopolitical news.
Summary
- Bitcoin faces inflation data, Iran tensions, retail reports and major bank earnings in coming days.
- Oil prices and rate expectations could decide whether Bitcoin holds $60,000 or retests resistance again.
- ETF inflows offer support, but traders still need a confirmed breakout above $65,000 soon.
The largest cryptocurrency stayed above the $60,000 support area, even as Asian shares fell and oil prices rose. Bitcoin was down about 1.4% over 24 hours, while its seven-day change remained close to flat.
That kept short-term momentum weak…
