Bitcoin (BTC) has been trading within a narrow range as analysts awaited the release of the main macroeconomic data in the United States on April 7. The cryptocurrency has been fluctuating around $28,000 and has seen little volatility throughout the week. Analysts remain cautious and are assessing the upcoming nonfarm payroll (NFP) numbers as a potential catalyst for risk assets. Despite this, the price prediction for BTC remains uncertain, with some analysts suggesting that $30,000 could be achievable if bulls can protect support levels, while others forecast a potential drop towards $25,000-$25,400. Nevertheless, Bollinger Bands suggest that volatility is on the horizon, and traders are preparing for market movements.
$30K BTC price target stays valid as ‘boring’ Bitcoin heads into US jobs data
