Bitcoin (BTC) begins the first full week of May with an annual open support in concentration before a key decision of the US economic policy.

• The BTC price campaign tries to maintain an annual opening as a support after a certain minus of the weekly closure, but the stubborn perspectives remain intact.

• The decision of the US Federal Reserve Federal Reserve is a key event of Makro Week, with the chairman Jerome Powell, who came across the “Market Movement”.

• Unemployed claims and Coinbase earnings augment the mixed bag of potential volatility triggers, because the recession conversation becomes louder.

• The domination of Bitcoins will first reach 65% for over four years, but the analysis believes that its days are counted.

• Bitcoin “Fomo” is still waiting on the wings when a positive sentiment.

Bitcoin Traders remain stubborn with intact 93,500 USD

Bitcoin noticed some pressure to close on May 4 a week, reaching a low 93 350 USD for BitStamp before reflection, data from Cointelegraph Markets Pro i TradingView can be seen.

The liquidity was built close to the spot price, both up and down, with offers partially completed due to the inheritance.

The latest data from resource monitoring Kinglas It shows the largest nearby ASK liquidity cluster at 96 420 USD.

Trader Cypnuevo presented a potential tiny -term bull case in its latest perspective X.

“In the case of long triggers, I like these two configurations: either a new local high (USD 98,000), in which we can see LTF liquidation after recovering previous high range (upper yellow line), or from much lower than 1d50EM processing, if it succeeds,” he wrote.

Another Daan Crypto trader trads a up-to-date “gap” on growth in the Futures Bitcoin Group markets as a potential magnet.

“These gaps are usually closed in 1-3 days recently, so the eye can be useful for this”, their x post To readwith a gap of $ 97,000.

However, the expansion of the trader and Rekt Capital analytics focused on a inheritance support in the amount of USD 93,500 – annual open Bitcoin.

“Bitcoin rejected from a lower high resistance (black diagonal)”, he explained together with the accompanying the weekly BTC/USD table.

“Going further, Bitcoin will have to maintain a low range of USD 93.5,000 to fully confirm the recovery of the range.”

Separate analysis suggested The fact that Bitcoin can create a series of higher peaks with rejection and re -support at key price points, ultimately exploding to up-to-date maxima of all time.

#BTC

Bitcoin Discovery Discovery road map

Bitcoin tries to finalize his first correction to discover prices (green) to go to the second price discovery (red)

(Prices and time horizons do not have a scale)$ Btc #Crypto #Bitcoin https://t.co/yfy3h60ywy pic.twitter.com/yahxuipvky

– Rekt Capital (@Rectcapital) April 30, 2025

FOMC Week puts featherlight on the Fed

Unlike last week, the coming days are dominated by one macroeconomic event: Federal reserve decision regarding interest rates.

The meeting of May 7 of the Federal Committee of the Open Market (FOMC) is carefully observed by cryptographic traders and more.

The circumstances surrounding the meeting are unusual – the Fed remains Jastrzębia towards the economy, trying to keep the rates in the face of growing economic risk and talking about recession. The ongoing trade war in the US has increased the fears that inflationary pressure can return by strengthening the Fed position.

Despite this, US President Donald Trump was raucous about the need to lower the rates, personally distinguishing the Fed Chairman Jerome Powell in social media several times.

What is happening at the meeting will clearly signal what traders can expect further until a year.

🇺🇸 FOMC: On Wednesday, the FED will decide whether to lower, wander or maintain unchanged rates.

What is your forecast? 👇 pic.twitter.com/cukhgyhdir

– Cointelegraph (@Cointelegraph) May 5, 2025

“All eyes are on the Fed Powell chair this week after the recent pressure from Trump to lower the rates”, trading in the Kobeissi List. summarized on X.

While the tensions regarding decisions are real, the markets have a little chance of surprise by officials. The latest data from the CME group Fedwatch tool Place a chance to reduce the rate to just 5.2% on May 5.

At the weekend, Cointelegraph announced the expectations of Bitcoin’s reaction to the meeting. In general, cryptographic and actions tend to fall before Fomc date, when traders secure their plants against the result and perspective of the Fed for future politics.

“If there is a standard correction before the FOM, then the entrance zone to entries is 91.5-92.5 thousand USD”, Crypto Trader, analyst and entrepreneur Michaël van de poppe he said X observes in the last post on this subject.

Commercial materials indicators in addition The language of this Powell at the FOMC press conference “moves the markets”, regardless of the decision of the rate.

Bitcoin faces the developing recession plants

In addition to FOMC, other macro topics on the radar for cryptocurrencies and risk assets include the initial report of the unemployed claims from May 8 and the earnings from the main American exchange crypt.

In recent months, bitcoins are becoming more and more sensitive to employment data in the US, which caused a earnest discrepancy from expectations of a potential source of variability.

While the labor market remained resistant to threats, such as the ongoing trade war in the USA, reports of the economy entering the period of “staglation” and even recession.

“The expectations of American consumers’ recession are violent: Americans” perceived the probability of recession in the USA over the next 12 months increased to 72% in April, the highest in 2 years. From November 2024, this percentage increased by 8 points ”, Kobeissi excellent.

Data from other consumer sources, such as the Kalshi forecasting service, repeated this sentiment.

“Such a pessimistic view on the economy and financial situation will probably lead to a greater withdrawal of consumer expenditure,” Kobeissi concluded.

“All signs indicate an economic slowdown.”

In the latest edition of your regular newsletter “Market mosaic“On May 4, the Mosaic Asset Commercial Firma appealed to the last week’s GDP Miss as” the latest sign that tariffs and trade wars ensure a significant hit of the economy. “

“Evidence that the economy is refrained from the confusion and uncertainty caused by the headlines of the trade war, helps the S&P 500 recover most of the sales after the announcement of mutual tariffs,” he said nevertheless.

Since Trump’s “Liberation Day” on April 2, Bitcoin increased by about 15%.

The domination of Bitcoin begins “Final Countdown”

In cryptographic circles, waiting for the real beginning of the next Altcoin rally.

The share of Bitcoin in the total market capitalization of cryptography reached 65% at the weekend, which means the highest level from the beginning of 2021.

The rapid augment in dominance over the past two years reflects frustrating conditions for Altcoin investors, and especially paying attention to the largest altcoins, ether (ETH).

ETH/BTC recently traded in close levels, which were not evident since 2019, even a compact leading traders set up a longer trend at the beginning.

Bitcoin domination hangs.

ETH/BTC begins to pump.

Then Altsason begins.

Any questions? pic.twitter.com/souvwx7nlk

– Mister Crypto (@MISTRCRYPTO) May 4, 2025

“The domination of Bitcoins is now while positioning what will most likely be his last leg in his macro annulled before a serious fall”, predicts Rekk Capital in X update May 1.

“The road to 71% lasts for a successful re -retagus of 64%. But this is the final countdown.”

Rekt Capital has previously observed that 71% have long -term peaks of Bitcoin domination. The last “Altsason” argued at the beginning of this year, ended in 2024.

Some, however, see that the latest augment in dominance is developing from historical norms. For Thomas Fahrer, co -founder of Crypto Reviews Portal Apollo, this is due to the growing institutional demand for BTC.

“This cycle is different because when Blackrock and Saylor buy bitcoins, they just hold it. They don’t change them into Alt coins,” he set up Last week, referring to current purchases by American funds from the Bitcoin or ETF industry, as well as a strategy of a technology company.

Bitcoin sentiments are shifted from “perfect purchase time”

How Cryptographic Index Fear and greed They float on a “neutral” territory, the analysis repeats the risk of returning “Fomo” to the market.

Related: Bitcoin price cools down in a week augment in fed, hype, aave, rndr, fet

In his latest Market update On May 1, the Santiment research company revealed a change in the expectations of social media users in terms of BTC prices.

“We see that social media performed lower prices (USD 10,000 – USD 69,000) during the episode on April 6-18, 2025,” he wrote about the environment after the day of liberation.

“It was the perfect purchase time. After the prices finally reached a temporary plateau at the end of April, price connections ($ 100,000 – USD 159,000) are now significantly exceeding lower connections.”

Santiment has previously warned that “Fomo” among up-to-date investors may hinder Bitcoin attempts to keep higher prices longer.

“General levels of discussion about Bitcoins remain quite constant, currently about 25% of all assets of assets,” he now informs, noting that positive comments are gaining dissemination.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.