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- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
✍️ Please include the topic #NFP Data Release# in your post
💰 5 quality posters * each receive $10 Points
The Non-Farm Payroll (NFP) data is set to be released on May 2nd. As a key economic indicator, it often has a significant impact on market sentiment. How do you think this upcoming report will influence the crypto market’s direction? Are you bullish or bearish?
Post with the hashtag #NFP Data Release# to share your insights or analysis to share the $50 reward pool!
⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
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Bitcoin Price Analysis! Bears in Control as Support Weakens 📈
$BTC is trading between $94,853 and $95,202, showing subdued activity with a $1.88T market cap and $31B daily volume. Over 24 hours, it ranged from $94,898 to $98,467, sitting 12.6% below its all-time high.
The 1-hour BTC/USD chart signals a bearish trend with lower highs and lows. If bitcoin falls below $94,500, it could test $92,000. Meanwhile, $98,500-$100,000 remains a key resistance, without a breakout, bearish sentiment prevails.
#Bitcoin # BTC Price Analysis#