Bitcoin eyes $95K retest as traders brace for Fed rate cut volatility

Key points: Bitcoin attacks liquidity clustered close to spot price into the weekly close. Market commentators eye significant BTC price levels below $95,000. The Fed’s upcoming interest rate decision is the key macro event to watch next week. Bitcoin (BTC) fell toward $95,000 into the May 4 weekly close as traders braced for more macro-induced downside. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price liquidations mount after 10-week highs Data from Cointelegraph Markets Pro ...