Browsing: BTC price prediction

The Bitcoin price is currently under close scrutiny as traders brace for significant volatility ahead of the US jobs report.With the BTC price hovering around $97,000, recent predictions suggest a potential dip towards $95,000, driven by anticipated labor market data.

The Bitcoin price cycle top is a critical point of interest for investors and analysts alike, especially as the current Bitcoin bull market shows signs of potential exhaustion.Recent on-chain indicators from the analytics platform CryptoQuant suggest that we may be nearing a significant distribution phase, causing some to question current BTC price predictions.