#BTCPrediction BTCPrediction
Will BTC explode or crash? A thrilling market prediction!
Bitcoin (BTC) is in a period of high volatility following the FOMC meeting in early May. Large capital flows are still 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 On-chain data shows that the amount of BTC withdrawn from exchanges is increasing again – a sign that large wallets are accumulating.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 have a major breakout next week, as market sentiment gradually stabilizes after macro news. If it surpasses $98,000, BTC could re-establish its upward momentum towards $99K. On the contrary, if it loses the support level of $94,000, the market may test the $96k range again.
This is the time for investors to stay calm, look for reasonable entry points, and avoid FOMOing with the crowd.