$BTC
As of Saturday, May 3, 2025, Bitcoin ($BTC ) is trading around the $96,000 mark, experiencing minor intraday fluctuations. From a technical perspective, the $75,000 level has now become a strong support zone, having previously acted as resistance and been successfully retested. Currently, BTC is facing resistance between $97,000 and $98,000, where short-term momentum indicators are showing signs of weakness, suggesting possible hesitation in upward movement.
Today's outlook does not indicate a high probability of a significant decline. However, traders should keep a close eye on key levels. Immediate support lies at $95,000—if this is breached, Bitcoin could drop toward $93,000. Conversely, if the price breaks above the $97,000 resistance, a move toward $99,000 is likely. Overall, market sentiment remains cautiously optimistic, with tight range-bound action expected in the short term.
