The big event is coming tonight!!

Will Bitcoin break through 98,000, or will it face the abyss of 87,000? It all depends on tonight.

Due to the impact of the Thanksgiving holiday in the U.S. on Thursday, key economic data and events will be released today, and market sentiment is highly tense. These data and events may become important catalysts for market trends in the short term.

1. Initial jobless claims and third-quarter GDP revision (21:30)

The "time bomb" of the U.S. economy is about to explode! If jobless claims and GDP data exceed expectations, it may trigger a more aggressive rate hike by the Federal Reserve, instantly suppressing market sentiment, and Bitcoin may plunge into the support zone of 87,000 USD.

2. PCE inflation data: The lifeline of the Federal Reserve (23:00)

This is the "holy grail" in the eyes of the Federal Reserve! If the PCE inflation data is hot, it may imply that the Federal Reserve will continue its hawkish policy, spreading fear in the market, and Bitcoin will also struggle to escape the fate of decline, with 87,000 USD in jeopardy!

3. Federal Reserve meeting minutes: Dovish or hawkish (03:00)

This is the biggest suspense of the night! Will the Federal Reserve reveal more significant signals about monetary policy? If the minutes indicate a hawkish stance, the market will again fall into panic, and BTC may be plunged into the abyss of 87,000 USD! If it shows dovish signals, a reversal may be just around the corner, and Bitcoin could soar, aiming for 98,000 USD!