#BTCPrediction
Is BTC about to explode or crash? Dramatic market predictions!
Bitcoin (BTC) is currently in a volatile zone following the FOMC meeting in early May. Large amounts of money remain on the sidelines, causing prices to fluctuate around the $90,000 - $96,000 mark. But this won't last long. On-chain data shows that the amount of BTC withdrawn from exchanges is increasing again – a sign that large wallets are accumulating.
Many experts predict that BTC will experience a significant breakout next week as market sentiment gradually stabilizes after macro news. If it surpasses $98,000, BTC could re-establish an upward trend towards $99K. Conversely, if it loses the support zone of $94,000, the market may retest the $96k area.
This is the time for investors to remain calm, look for reasonable entry points, and not FOMO with the crowd.