Bitcoin (BTC) Support & Resistance – May 2, 2025
Current Price: $97,745
Trend: Bullish momentum continues with strong daily candles
Support Levels:
$95,150 – 7-day moving average (MA7), immediate support
$93,920 – Previous consolidation zone
$90,100 – 99-day moving average (MA99), key mid-term support
$88,490 – 25-day moving average (MA25), strong support level
Resistance Levels:
$97,895 – Current local high (24h high), minor resistance
$99,065 – Next major resistance, psychological pressure near $100K
$100,000+ – Huge psychological barrier and likely sell zone
Summary:
BTC is pushing toward the $100K milestone with bullish momentum. Watch for a breakout above $99K for confirmation. A dip below $95K may trigger a retest of the $93K zone.
Momentum:
Uptrend intact
Volume increasing moderately
MA7 above MA25 = short-term bullish signal
Stay alert#DigitalAssetBill