⚡Bitcoin at a crossroads: how will the macro events of next week affect the crypto market?⚡

The upcoming week promises to be eventful for financial markets, and cryptocurrencies, including Bitcoin, may be influenced by global economic news. Let's break down the key events and try to predict their potential impact.
📈📉Calendar of important events:
🔶Monday, April 28:
✅Federal elections in Canada. The results may influence sentiments in the North American region, especially if new policies affect financial markets.
🔶Tuesday, April 29:
✅Publication of the core PCE price index for March in the USA (22:00). This indicator is a measure of inflation that is closely monitored by the Fed. Rising inflation could strengthen expectations for tightening monetary policy.
🔶Wednesday, April 30:
✅ The World Gold Council will publish a report on gold demand for the first quarter. Increased interest in gold may signal a flight of investors to "safe havens."
🔶Thursday, May 1:
✅Data on initial claims for unemployment benefits in the USA (20:30). The increase in claims may indicate an economic slowdown.
✅The US Manufacturing Sector Business Activity Index (ISM) for April (22:00). A value below 50 points will be a troubling signal.
✅The Bank of Japan will announce its interest rate decision and share its economic forecast. Any hints at a policy easing could support risk assets, including cryptocurrencies.
🔶Friday, May 2:
✅The unemployment rate in the US for April (20:30).
✅Employment data in the non-farm sector of the USA (20:30). These figures will be the main event of the week, setting the tone for the markets. Weak numbers may heighten concerns about an economic downturn.
📉📈Forecast for the crypto market:
Bitcoin, trading around $95,000, is showing relative stability, but the market remains vulnerable to external shocks. If the employment data in the U.S. turns out worse than expected, it could trigger a wave of sell-offs in risk assets, and BTC risks retreating to $90,000. On the other hand, strong indicators of the American economy or soft signals from the Bank of Japan could inspire investors, pushing Bitcoin to test the $100,000 mark.
ℹ️The gold market is also in focus: if demand for it rises sharply, it could divert capital away from cryptocurrencies. However, the current low volatility of Bitcoin (around 45%) indicates that investors are not expecting sharp movements for now. Nevertheless, unexpected events, such as political surprises in Canada or hints of an inflation spike in the USA, could awaken the market from its slumber.
🔔Summary: Bitcoin is on the brink of change. Investors should be on alert, especially on Friday when employment data could set the direction for weeks ahead. Stay tuned for news and prepare for possible surprises — the week promises to be hot! 🔥