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Bitcoin eyes $97K as weak US jobs data boosts crypto outlook and investment inflows.

Analyst Insights
03 Oct 2026, 21:16 WIB
Bitcoin
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Bullish
Bitcoin eyes $97K as weak US jobs data boosts crypto outlook and investment inflows.

Bitcoin is approaching a key resistance level of $87,000, supported by softer US employment data that reduces expectations for Federal Reserve rate hikes. This shift is encouraging renewed investment demand, with about $7 billion flowing into bitcoin ETFs in Q3, the strongest since late 2025. Analyst Matt Mena from 21shares sees potential for Bitcoin to reach $90,000 and $97,000 if it clears the $87,000 barrier. Ether and Solana also show promising forecasts, targeting $4,000 and $140 respectively, as the crypto market benefits from a more favorable macroeconomic environment heading into the final quarter of 2026.

Following the analyst's outlook on Bitcoin, the cryptocurrency is trading at Rp1.519.077.658 on Pluang as of Oct 04, 2026 01:31 WIB, showing a modest 0.40% increase over the past day. Solana also reflects positive momentum with a 0.78% gain, priced at Rp2.138.967. The typical hold time for Bitcoin on Pluang is 110 days, indicating steady investor interest despite a nearly balanced sell-buy order activity.

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