# Analyst Sees Bitcoin Path to $97K as Weak Jobs Data Shift Fed Odds

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> Source: BITERMINAL — https://biterminal.rendrr.app/feed/analyst-sees-bitcoin-path-to-97k-as-weak-jobs-data-shift-fed-odds

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## Metadata

- **Category:** price
- **Subcategory:** price
- **Sentiment:** neutral
- **Published:** 2026-10-03T18:30:35.823Z
- **URL:** https://biterminal.rendrr.app/feed/analyst-sees-bitcoin-path-to-97k-as-weak-jobs-data-shift-fed-odds

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## Summary

An analyst sees a path for Bitcoin to reach $97,000 after weak U.S. jobs data increased expectations of Federal Reserve rate cuts. The shift in rate outlook may support risk assets, including Bitcoin, though the price target remains a forecast rather than a certainty.

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## Sources

1. https://news.bitcoin.com/market-updates/analyst-sees-bitcoin-path-to-97k-as-weak-jobs-data-shift-fed-odds/

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