$BTC

As of May 3, 2025, Bitcoin is trading at *96,215*, experiencing a slight decline of *0.3196,215* and *97,838* during today's trading session.

📈 Market Outlook: Bearish Sentiment Prevails

Current technical indicators suggest a "bearish" short-term trend for Bitcoin:

- Relative Strength Index (RSI): At 42.5, indicating neutral to slightly bearish momentum.

- MACD: Negative, pointing to downward momentum.

- Moving Averages: The 50-day and 100-day Simple Moving Averages are trending downward, reinforcing the bearish outlook.

Additionally, macroeconomic factors such as rising U.S. Treasury yields and inflation concerns are contributing to the bearish sentiment in the crypto market. [