$BTC Here’s the latest update on Bitcoin ($BTC) as of May 2, 2025:

⸻

📈 Latest BTC Price

• Current price: ~$96,724

• 24-hour change: +1.77%

• Region: Based on data from Tachileik, Shan State, Myanmar

⸻

🚀 Recent Market Trends

• Strong recovery:

Bitcoin has surged from April lows around $76,000 to over $96,000 — its highest level in two months.

(Investopedia)

• Technical levels:

Key resistance: $100,000 and $107,000

Key support: $92,000 and $85,000

• Market drivers:

Boosted by news that Morgan Stanley may offer crypto trading via its E*Trade platform, and Strategy (formerly MicroStrategy) plans to raise $21 billion for further BTC purchases.

(Investopedia)

⸻

🔮 Future Price Predictions

• Standard Chartered: $120,000 in Q2 2025, potentially $200,000 by year-end

(Cointelegraph)

• Bitwise & VanEck: $180,000–$200,000 by the end of 2025

(Cryptonews)

• Coinpedia: High: $109,160, Low: $74,469, Average close: ~$103,803

(Coinpedia)

⸻

⚠️ Investor Watchpoints

• Volatility:

RSI approaching overbought levels and weakening MACD may signal short-term pullbacks.

• Macro risks:

Shifts in U.S. economic policy and institutional moves remain key factors to watch.