Main takeout:
Bitcoin Bulls is attacking $ 95,000 again after selling a short US GDP.
Merchants are opposing US economic data because the Federal Reserve Bank expects to resume the reduction and reduction in fare at some point in the future.
The price of Bitcoin (BTC) was knocked on $ 95,000 after starting $ 95,000 after starting NY trading sessions, following Alarm-Raising US GDP data in the first quarter of 2025.
The quick recovery of Bitcoin Price emphasizes the strong bidding of various market participants, and it is consistent with the opinion that GDP data on April 30 is a one -time event that earns income ahead of President Donald Trump’s tariffs in about 90 countries.
Although the economy contracts and records consumer confidence is valid for Tradfi investors, the threat of the US economic downturn also affects cryptocurrency investments. This predicts that a variety of negative economic events will eventually lead to federal reserve troops to reduce interest rates and issue more dollars.
The current probability of FED interest rate cuts increased from 59.8%on April 29 this week to 63.8%on April 30.
According to the popular X Trader SKEW, Bitcoin and US stocks have partially led by the “quite solid profit of large companies so far,” which also said, “We can strengthen the risk.”
The merchant also said it was Bitcoin.
“Today, passive buyers are mainly mainly spot flows, and the price is normal after some shorts were closed at the cost of financing.”
relevant: Bitcoin price integration that can be printed this week this week
Currently, $ 95,500 is the main trader that the trader is watching, and many analysts open the door to move to $ 100,000 quickly if they continue to promote the resistance zone.
The May 2 Jobs Report, which shows how many jobs have been added to the US economy in April, can have some impact on the stock market and the result of cryptocurrency.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.