Weak US job data print to spark Bitcoin rally to $155K
From Cointelegraph
June 4, 2025 10:51 pm:
Bitcoin analysts predict new all-time highs above $115,000 in July with strong institutional interest and weaker US job data. May saw $5.24 billion in Bitcoin ETF inflows, with a peak of $111,970 before a pullback to $104,823. Market sentiment remains optimistic, with a Fear and Greed Index score of 57. US jobs report on June 6 could impact Bitcoin, with stronger data potentially pushing the price to $102,000 or lower. A bearish scenario could see Bitcoin dip below $100,000, with potential accumulation around $95,000 to $97,000. Analysts previously forecasted new highs in June before Bitcoin hit $111,970 in May. Market risks and volatility continue.
Read more at Cointelegraph: Weak US job data print to spark Bitcoin rally to $155K