#AirdropStepByStep
Key points:
A week full of macroeconomic data from the U.S. could impact the sentiment of Bitcoin traders.
The Bitcoin rally could stall if there is a strong reduction in spot buying volumes.
If the PCE data, ISM PMI, and employment data align with market expectations, BTC could rally.
The price of Bitcoin (BTC) could face a trading range period after achieving a 10.37% rally in the last 7 days. The robust demand for spot buying from Strategy, the spot BTC ETFs, and announcements from 21Shares and Coinbase played a role in Bitcoin's rally to $95,700. With the exception of the announcement on April 28 of a BTC purchase of $1.42 billion by Strategy, a quiet week on the cryptocurrency news front could translate into a reduction in spot demand and lower support tests for the price of Bitcoin.
