$BTC
Will BTC explode or plummet? Dramatic market predictions!”
Bitcoin (BTC) is in a state of high volatility 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. However, 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 On-chain data shows that the amount of BTC withdrawn from exchanges is increasing again – a sign that large wallets are accumulating.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 gradually stabilizes after macroeconomic news. If it surpasses $98,000, BTC could re-establish its upward momentum towards $99K. Conversely, if it loses the support zone of $94,000, the market may test the $96k area again.
This is the time for investors to remain calm, look for reasonable entry points, and not FOMO into the crowd