Main points:
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Bitcoin attacks the collected liquidity near the immediate price in the weekly closure.
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Commentators in the market appointed BTC price levels less than $ 95,000.
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The interest price decision coming from the Federal Reserve is the main macro event to watch next week.
Bitcoin (BTCAbout 95,000 dollars fell into the weekly closure, May 4, when merchants prepared for more negative aspect caused by the macro.
BTC prices line up after its highest level for 10 weeks
Data from Cointelegraph Markets Pro and Tradingvief BTC/USD has shown a decrease from its highest levels in May open.
When hitting the accumulated liquidity around the instant price, Bitcoin created a recipe for volatility as the market participants discussed the main levels.
“Longs Cluster 95.7K-96K, heavy shorts 96.5K-97K are the current price (~ 96.2k)” Continuous analysis On x.
“This is the price magnet. Expect cut/fluctuation when tested.”
Latest data from a monitoring resource Coinglass The price of a liquidity collided with purchase, with the majority of AS demands about 97,200 dollars.
With the vision of last week, he saw some “seizure of liquidity”, where some saw the possibility of this behavior continued as the brand of $ 100,000 approaches.
The gap and click before seizing liquidity at a price of $ 100,000 is what I am looking for here https://t.co/akvezc3aj pic.twitter.com/igCPTK8VIP
– NIFτY (NIFTYINVEST) May 4, 2025
“Stocks from 94 thousand dollars to 97 thousand dollars on the weekend.” summary.
The evaluation of the possibility of a new decline, encryption dealers, analyst and businessman Michael Van de Bobby said that BTC/USD has a great power to restore support while maintaining his last return.
“What I prefer to see on $ BTC is that we keep 91.5-92 thousand dollars,” He said X followers a day.
“This checks the correctness of the continuation of a new ATH because the previous range support becomes support again.”
Bitcoin side on the negative side expects the decision to reduce the Federal Reserve rate
The volatility forecast was high in the new week, while making a decision on interest rates in interest rates.
Related to: Bitcoin Hodler is unreasonable profits approaching 350 % for $ 100,000 in sale
As Cointelegraph mentioned, market morale is high before the event. Restrictions of stagnation and pressure from President Donald Trump gathered with noisy signs of federal reserve officials.
Note: In less than a month, Trump pressed Powell and Federal Reserves to reduce interest rates already three times … pic.twitter.com/qaqc7zjnuw
André Dragosch, PHD
(@andre_dragosch) May 2, 2025
Latest data from the CME’s collection Fedwatch tool However, it maintains a minimum rate of reduction rate on May 7.
Remember yourself that Crypto & Altcoins has a mood to correct it in the previous week of the Federal Reserve meeting, “Van De Poppe Stuck.
“I think we will get the end of this correction around Tuesday and we ascend from there.”
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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