$BTC Don’t Rush to Short BTC
$BTC touched $97,400 today—just $600 shy of my $98,000 prediction. Right now, it's hovering around $97K. But don't jump into shorts yet.
Why?
Tonight’s Non-Farm Payroll data release at 8:30 PM could shake the markets. Historically, such events cause sharp spikes. A favorable report might push BTC beyond $98,000.
After that?
Expect BTC's bullish momentum to slow down, possibly leading to a major correction.
But there’s another wildcard—May 8 Interest Rate Meeting. Whether rates are cut or held will steer the crypto trend ahead. Too soon to call.
Best Move:
Sit tight. Let the dust settle. Smart money waits.
