$BTC As of May 3, 2025, Bitcoin (BTC) is trading near \$96,023, reflecting a modest daily dip of 0.97%. Despite the slight pullback, BTC remains technically strong, staying above key exponential moving averages and forming an ascending triangle pattern on the 4-hour chart, which signals potential for an upward breakout. Institutional demand continues to support the market, with U.S. Bitcoin ETFs now holding over \$112 billion in assets. Analysts maintain bullish projections, suggesting BTC could rise to between \$120,000 and \$210,000 this year, driven by growing institutional adoption and favorable macro conditions. However, a drop below \$92,700 could trigger a short-term correction. Overall, Bitcoin’s outlook remains positive, bolstered by strong investor confidence and increasing mainstream engagement in the crypto space.