As of May 3, 2025, Bitcoin (BTC) is trading at approximately \$96,235, reflecting a slight decrease of 0.65% over the past 24 hours. The day's trading range has seen lows around \$95,936 and highs near \$97,838.([CoinGecko][1])
## Stock market information for Bitcoin (BTC)
* Bitcoin is a crypto in the CRYPTO market.
* The price is 96235.0 USD currently with a change of -625.00 USD (-0.01%) from the previous close.
* The intraday high is 97838.0 USD and the intraday low is 95936.0 USD.
**Market Overview:**
* **Recent Performance:** Bitcoin has experienced a 15% increase over the past two weeks, indicating a strong upward trend. ([DL News][2])
* **Analyst Predictions:** Some analysts suggest that Bitcoin could reach \$135,000 within the next 100 days, driven by bullish market indicators and increased liquidity. ([Binance][3])
* **Technical Indicators:** Bitcoin has been testing resistance levels around \$97,400, maintaining its short-term upward momentum. ([Economies.com][4])
**Investor Sentiment:**
Institutional investors are showing renewed interest, with significant purchases like Strategy's \$1.4 billion acquisition of Bitcoin. Additionally, the potential for a short squeeze, due to \$3 billion in short positions, could further drive prices upward. ([Investor's Business Daily][5], [DL News][2])
**Economic Factors:**
Expectations of a U.S. Federal Reserve interest rate cut, with odds rising to 60%, are contributing to Bitcoin's appeal as a hedge against traditional financial market volatility. ([Cointelegraph][6])
If you need more detailed information or analysis on Bitcoin's performance, feel free to ask!