With the upcoming release of Friday's US employment numbers, there is a heightened interest in how it will affect the price of cryptocurrency.
Analyst Notes: "Not all risky assets are rallying post-Fed, Bitcoin is struggling as investors anticipate possibly further support to alleviate banking stress. Bitcoin still remains anchored, unlikely to rally above the $30,000 level until the US gets some regulatory clarity," said Edward Moya, senior market analyst at OANDA.
According to the pseudonymous analyst Pentoshi, the $25,000 region is the area where they are most interested in regarding BTC. However, they express concern about a 3D/1W close below that level.
Pseudonymous analyst Captain Faibik predicts a bullish wave for BTC following the FOMC meeting. He sees BTC reaching $32,800.