$BTC As of May 3, 2025, Bitcoin (BTC) is trading at approximately $96,735, reflecting a 0.36% increase over the past 24 hours. The cryptocurrency has shown a significant rebound from its April lows, gaining over 14% in the past 30 days. This upward momentum positions BTC just 6.3% below the critical $100,000 threshold. Technical indicators suggest a bullish trend, with the 50-day and 200-day moving averages sloping upward, and the Relative Strength Index (RSI) indicating overbought conditions. Analysts predict that if BTC surpasses the $100,000 mark, it could potentially reach $112,000 by the end of May, driven by increased institutional interest and favorable macroeconomic factors.
