Why Bitcoin is Rising Again and What It Means for Us
As of today, May 2, 2025, Bitcoin is showing steady growth, trading around the $96,700 mark. The current price is $96,719, reflecting a 1.56% increase over the last 24 hours.
📈 Current Market Situation
• Current BTC Price: $96,719
• 24-Hour Range: $95,305 to $97,360
• 24-Hour Trading Volume: $33.9 billion
• Market Capitalization: $1.92 trillion
🔍 Technical Analysis
Analysts note that Bitcoin has surpassed a key resistance level at $96,500, which may open the way to the next target — $100,000. Indicators such as RSI and MACD confirm a bullish market sentiment.
🗓 Short-Term Forecast
• Short-Term Forecast: Possible rise to $97,500–$100,000 in the coming days.
• Medium-Term Forecast: If the current trend continues, BTC may reach $105,000 during May.
💡 Conclusion
Considering current market trends and technical indicators, Bitcoin's continued growth is anticipated in the short term. However, as always, caution is advised and potential market fluctuations should be taken into account.
