According to Greeks.live, the most significant event for Bitcoin traders this week is the release of macroeconomic data on Friday, which could influence market volatility and trading strategies. Additionally, Thursday's eligibility hearing for the SEC Chairman might have implications for regulatory developments in the cryptocurrency market.

According to Michaël van de Poppe, Bitcoin faced rejection at the $95K resistance level, suggesting a consolidation phase as liquidity on both sides has been absorbed. The market is likely awaiting the outcome of upcoming macroeconomic data and events, including the Summit, before making significant moves.

According to CryptoMichNL, Bitcoin is currently in a consolidation phase, while both the DXY (US Dollar Index) and bond yields are increasing. This situation suggests that Bitcoin is nearing a critical juncture, potentially leading to increased volatility. With the macroeconomic data season beginning tomorrow, traders should brace for potential market fluctuations.

According to GreeksLive, the week concluded smoothly without significant volatility from the U.S. presidential debate and macroeconomic data. Looking ahead, expectations for a Fed rate cut are converging. Data from CME's interest rate trading indicates a growing probability of such a cut.