The sentiment in the market on Monday is uncertain, as a week has begun filled with macroeconomic events that can cause an increase in price volatility.
After testing the $63,000 level zone, the Bitcoin price has adjusted downwards and remains in the range.

One of the key factors influencing the current situation is macroeconomic statistics from the United States. The main indicator that analysts are monitoring is the Consumer Price Index (CPI) for July, which is due to be published on August 14. Also this week, data on the Producer Price Index (PPI) and initial jobless claims are expected, which may significantly affect the market.

From a technical point of view, it is quite difficult to determine the short-term prospects of the instrument now. It is necessary to monitor the development of events and the information background.