Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Bitcoin Price Prediction: $97K Breakout Ahead if NFP Disappoints?

by
May 2, 2025
in Crypto News
0
Bitcoin Price Prediction: $97K Breakout Ahead if NFP Disappoints?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Bitcoin (BTC/USD) is trading at $96,880, up nearly 2% in the last 24 hours, with a market cap of $1.92 trillion. The leading cryptocurrency recently broke above the $96,244 resistance level and is hovering just below $97,500.

While price momentum has cooled slightly, the technical setup remains constructive—especially as traders await today’s U.S. Nonfarm Payrolls (NFP) report at 12:30pm GMT.

Source: U.S. Bureau of Labor Statistics

The NFP forecast for April is 138,000 jobs—well below March’s stronger-than-expected 228,000 gain.

With the unemployment rate expected to stay flat at 4.2%, a miss could spark rate cut speculation and boost BTC as investors hedge against a weaker dollar and falling yields.

Key NFP Expectations and Market Backdrop

Nonfarm Payrolls (NFP): Forecast at 138K vs. previous 228K Unemployment Rate: Steady at 4.2% Average Hourly Earnings: Expected at 0.3% Factory Orders: Forecast to surge 4.4%, up from 0.6%

The U.S. labor market has shown early signs of cooling. March saw the highest job growth in three months, driven by healthcare (+54K), transportation (+23K), and social assistance (+24K).

#NFP OUTLOOK!

so for tomorrow, let’s not be shocked if the NFP number comes in lower against the previous 228k which might push USD down a little before continuation of the original bullish trend. pic.twitter.com/YFmwL4H5sc

— 𝙿𝚛𝚘𝚜𝚙𝚎𝚛 (@PRXP_JOURNAL) May 1, 2025

However, downward revisions to prior months and stagnation in several sectors add weight to concerns of deceleration.

This macro backdrop matters for Bitcoin. Lower job growth may increase pressure on the Fed to ease policy. According to CME’s FedWatch, traders now price in four 25-basis-point cuts by year-end.

Technical Levels to Watch for Bitcoin

Bitcoin’s breakout was supported by rising volume and a positive MACD crossover. The 50-period EMA on the 4H chart is climbing, now near $94,053, suggesting momentum remains intact.

Bitcoin Price Chart – Source: Tradingview

Trade Setup:

Buy Entry: On a retest and bounce from $96,244 Take Profit: $98,500 Stop Loss: Below $95,000

BTC may consolidate before its next move. If NFP data comes in weaker than forecast, expect bullish continuation toward the $98.5K–$99.4K range. But a strong report could trigger a short-term pullback. Either way, volatility is imminent.

BTC Bull Token Crosses $5.22M as Flexible 78% Staking Yield Draws Investors

BTC Bull Token ($BTCBULL) continues to gain traction, crossing $5.22 million in funds raised as it nears its $5.96 million presale cap. Priced at $0.00249, the token has positioned itself as more than just a meme coin—offering real utility through flexible, high-yield staking.

Utility-Driven Tokenomics Fuel Demand

Unlike typical meme tokens, BTCBULL blends crypto culture appeal with tangible staking rewards. Investors can currently earn an estimated 78% APY while keeping their tokens fully liquid—unstaking is allowed at any time without penalties or lockup periods.

This model has resonated with investors who seek yield without sacrificing access, especially in a volatile crypto environment.

Current Presale Stats:

USDT Raised: $5,226,067.3 of $5,963,550 Current Price: $0.00249 per BTCBULL Staking Pool Total: 1,342,549,903 BTCBULL Estimated Yield: 78% annually

With less than $750K left before the next milestone, the presale window is narrowing fast. For investors chasing high yields with exit flexibility, BTCBULL is becoming an increasingly compelling contender in the 2025 crypto cycle.

The post Bitcoin Price Prediction: $97K Breakout Ahead if NFP Disappoints? appeared first on Cryptonews.

Previous Post

Kraken Revenue Hits $472M in Q1 2025 Amid Market Volatility Under Trump

Next Post

Riot Platforms Sees Revenue Surge in Q1 Despite Losses Amid AI Pivot

Next Post
Riot Platforms Sees Revenue Surge in Q1 Despite Losses Amid AI Pivot

Riot Platforms Sees Revenue Surge in Q1 Despite Losses Amid AI Pivot

  • Trending
  • Comments
  • Latest
As REAL ID rollout approaches, congressional privacy hawks largely silent on concerns

As REAL ID rollout approaches, congressional privacy hawks largely silent on concerns

April 22, 2025
Dogecoin Price Skyrockets 17.7% This Week: DOGE’s $27.8B Market Cap Now Towers Over Cardano – What’s Next?

Dogecoin Price Skyrockets 17.7% This Week: DOGE’s $27.8B Market Cap Now Towers Over Cardano – What’s Next?

April 27, 2025
On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

April 28, 2025
‘Wouldn’t tolerate it’: House Republican calls second Hegseth Signal report ‘unacceptable’

‘Wouldn’t tolerate it’: House Republican calls second Hegseth Signal report ‘unacceptable’

April 21, 2025
DAVID MARCUS: Jake Tapper chose lying Biden sources over his own eyes

DAVID MARCUS: Jake Tapper chose lying Biden sources over his own eyes

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
DAVID MARCUS: Jake Tapper chose lying Biden sources over his own eyes

DAVID MARCUS: Jake Tapper chose lying Biden sources over his own eyes

May 25, 2025
Judge Overturns Key Convictions in $110M Mango Markets Crypto Case

Judge Overturns Key Convictions in $110M Mango Markets Crypto Case

May 25, 2025
Bitcoin Price Prediction: BTC at $107,911 After Big Week — Will Lower Volume Drive Volatility to $115K?

Bitcoin Price Prediction: BTC at $107,911 After Big Week — Will Lower Volume Drive Volatility to $115K?

May 25, 2025
French Court Blocks Pavel Durov’s Travel to Oslo Freedom Forum

French Court Blocks Pavel Durov’s Travel to Oslo Freedom Forum

May 25, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    DAVID MARCUS: Jake Tapper chose lying Biden sources over his own eyes

    DAVID MARCUS: Jake Tapper chose lying Biden sources over his own eyes

    May 25, 2025
    Judge Overturns Key Convictions in $110M Mango Markets Crypto Case

    Judge Overturns Key Convictions in $110M Mango Markets Crypto Case

    May 25, 2025
    Bitcoin Price Prediction: BTC at $107,911 After Big Week — Will Lower Volume Drive Volatility to $115K?

    Bitcoin Price Prediction: BTC at $107,911 After Big Week — Will Lower Volume Drive Volatility to $115K?

    May 25, 2025
    French Court Blocks Pavel Durov’s Travel to Oslo Freedom Forum

    French Court Blocks Pavel Durov’s Travel to Oslo Freedom Forum

    May 25, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved