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CEX analysts: If the US employment data is weak on Friday, the Bitcoin price may rise to $125,000 in June.
On June 5, CEX analysts said that Bitcoin could climb to $125,000 in June if Friday's weak U.S. jobs report triggers market expectations of an early Fed rate cut. However, if the jobs data is strong, the price could slip to around $95,000. At the same time, BRN warned that reduced inflows into crypto ETFs, a surge in IPO activity, and price action all point to a bearish market outlook and a lack of upward momentum in the near term. (The Block)