Consolidation and Potential Upside: Bitcoin $BTC has been trading around $105,000, showing resilience and maintaining support above key levels. Many analysts predict a potential rise to the $120,000-$125,000 range in June, with some even eyeing $150,000-$200,000 by year-end 2025.
* Macroeconomic Influences: The U.S. jobs report and Federal Reserve policy are significant catalysts. A weaker-than-expected jobs report or a rise in unemployment could signal a cooling labor market, increasing the likelihood of Fed rate cuts. Such a scenario would boost risk appetite, potentially driving investor interest towards Bitcoin. Conversely, a stronger report might delay rate cuts, strengthening the dollar and possibly exerting downward pressure on Bitcoin.