Bitcoin traders may face a period of consolidation as several key U.S. macroeconomic reports are set to release this week, possibly influencing market sentiment. After a significant 10.37% rally over the past week, driven by robust purchasing demand and major corporate announcements, Bitcoin is trading close to $95,000. However, spot buy volumes may decline amid a quieter news week, especially following a large BTC purchase announcement. Crucial reports include the Job Openings and Labor Turnover Survey (JOLTS) on April 29, providing insights on labor market reactions to recent tariff-induced volatility, and the Core PCE report due April 30, which will shed light on U.S. inflation trends. Additionally, the ISM Manufacturing PMI data is scheduled for May 1, where further deterioration could trigger negative market reactions. Given the cautious trading pattern observed throughout April, prices may remain bound between $93,000 and $95,500, as traders adjust their risk based on forthcoming economic indicators.

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