Current Market Overview: As of April 28, 2025, Bitcoin ($BTC) is trading around 97,996 USDT, with a slight 0.29% dip in the last 24 hours, according to Binance Market Data. Despite this, bullish sentiment remains strong, with traders eyeing a potential rally past $100,000 post-Trump inauguration, fueled by pro-crypto policies.

Key Levels to Watch:

Support: $92,500 - $93,800 (recent weekly lows, strong bid depth observed).

Resistance: $100,000 (psychological barrier, heavy spot supply).

Bullish Target: $120,000 (high open interest in options market).

Why $BTC Now?

Market Sentiment: Options traders are betting big on $100K-$120K calls, signaling confidence.

Institutional Moves: MicroStrategy’s Michael Saylor hints at another BTC purchase, holding 446,400 BTC (~$43.7B).

Technical Insight: $BTC is consolidating in a tight range. A breakout above $100K could trigger massive momentum, while a drop below $90K may hit stop-losses.

Trading Strategy:

Swing Traders: Consider longing near $93K-$94K with a stop below $90K, targeting $100K+.

Scalpers: Watch for short-term dips to $95K for quick buys, selling into $99K resistance.

Risk Management: Use 1-2% risk per trade, as volatility is high. Always DYOR!

Poll: Where do you see $BTC by May 2025?

A) $120,000+

B) $100,000-$120,000

C) Below $100,000