It is likely that the price of BTC will consolidate due to the release of several important macroeconomic data in the U.S.
The price of Bitcoin (BTC) could face a period of trading within a range after achieving a 10.37% rebound in the last 7 days. The robust spot buying demand from Strategy, the spot BTC ETFs, and the announcements from 21Shares and Coinbase played a role in Bitcoin's surge to $95,700. With the exception of the announcement on April 28 of a BTC purchase worth $1.42 billion by Strategy, a quiet week on the cryptocurrency news front could translate into a reduction in spot demand and lower support tests for the price of Bitcoin.