$BTC BTCPrediction
BTC about to explode or plummet? A dramatic market prediction!”
Bitcoin (BTC) is in a strong volatile zone following the FOMC meeting in early May. Large capital remains on the sidelines, causing the price 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 On-chain data shows that the amount of BTC withdrawn from exchanges is increasing again - a sign that large wallets are accumulating.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 significant breakout next week as market sentiment stabilizes after macro news. If it surpasses $98,000, BTC may re-establish an upward trend towards $99K. Conversely, if it loses the support area of $94,000, the market may test the $96k region again.
This is the time for investors to remain calm, look for reasonable entry points, and not FOMO with the crowd.