A major fluctuation is coming! Bitcoin is sprinting towards $110,000, and is a market storm about to explode?

After Bitcoin successfully stood at $95,000, the crypto market is holding its breath for a week of significant U.S. data. Traders warn that extreme volatility could be imminent. In the macro environment, the Federal Reserve is facing multiple pressures, and analysts boldly predict: a liquidity frenzy will push BTC to a new high of $120,000!

Short-term holders are back in the profit zone, with $96,000 becoming a critical point of contention. However, market sentiment is leaning towards neutral, and heightened FOMO may hinder further explosion. On the technical side, several well-known traders have warned that prices may first retreat to the $88,000 support before attempting to reach new highs.

This week, U.S. GDP and PCE inflation data will be revealed, which could directly trigger major fluctuations in crypto and risk assets. Meanwhile, with manufacturing confidence rapidly declining and expectations for interest rate cuts rising, market liquidity may see explosive growth, and the Bitcoin bull market is being reignited!

Investors, please fasten your seatbelts; this storm is just beginning!