BTC: Pressured, but not without a potential Bitcoin / U.S. dollarBITSTAMP:BTCUSDXBTFXBitcoin traded with a cautious tone this week as macro drivers continued to dominate price action. A more hawkish Federal Reserve outlook following Chair Kevin Warsh’s first policy meeting weighed on broader risk appetite, with markets increasingly pricing a “higher-for-longer” interest rate environment. This shift put pressure on non-yielding and risk assets, including cryptocurrencies, limiting upside momentum despite periods of intraday stabilization. BTC price reached the highest weekly level at $66,9K, however it could not sustain the pressure from negative investors sentiment after the FOMC meeting and Fed Chair statements. In this sense, BTC is closing the week modestly below the $64K. The RSI is moving slowly away from the oversold market side, closing the week at 38. Moving averages of 50 and 200 days continue to move as two parallel lines with a downtrend. Evidently there is a potential for the upside. However, at this moment, due to unsecure macro environment, investors are reluctant to invest into risky assets. As per current charts, BTC could test once again the $65K resistance level. Eventually the $66K level could be tested for one more time. A stronger move is not expected at this moment. The week ahead brings the PCE data, which will impact higher volatility.