$BTC Update – May 3, 2025:

Bitcoin is currently trading around $63,800, showing mild consolidation after recent volatility. Bulls are trying to defend the $63K support zone, while resistance remains near $65,500. A breakout above this level could target $68K, while a drop below $62K may lead to further downside toward $60K. Momentum indicators are neutral, suggesting indecision among traders. Macro factors, including Fed comments and ETF inflows, may influence short-term moves. Traders are watching for a confirmed direction, with volume expected to rise over the weekend. Stay cautious with leverage and consider key zones for entries or exits. Trend remains bullish long-term.