Is #BTCPrediction BTC about to explode or crash? Dramatic market predictions!”
Bitcoin (BTC) is in a volatile zone after the FOMC meeting in early May. Large amounts of money are still on the sidelines, causing the price to fluctuate around the $90,000 - $96,000 mark. However, this will not 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 On-chain data shows that the amount of BTC withdrawn from exchanges is increasing again – a sign that large wallets are accumulating.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 make 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 test the $96k area again.
This is a time for investors to remain calm, find reasonable entry points, and not FOMO with the crowd.