Bitcoin preps 3% May downside, but US PMI data may boost BTC price
Hex37's read
- Bitcoin may end May down approximately 3%.
- US PMI data is scheduled for release next week.
- This data could potentially boost BTC's price.
What it means for traders
- Traders may consider short positions on BTCUSDT anticipating a 3% drop.
- Monitor US PMI data release for potential BTCUSDT price volatility.
Affected markets
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