BTC Price Levels – May 4, 2025: Key Zones to Watch
As of May 4, 2025, Bitcoin (BTC) is trading around $95,810, reflecting a slight intraday dip of 0.76%.
Resistance Levels:
$97,500–$100,000: A critical resistance zone; a breakout here could propel BTC toward $103,000–$105,000.
$96,500: Aligns with the 0.618 Fibonacci retracement level, indicating strong resistance.
Support Levels:
$93,700–$96,600: A significant support range, with approximately 2.13 million addresses holding BTC here.
$91,200: Corresponds to the 111-day moving average, serving as a crucial support level.
Bitcoin's current positioning between these key support and resistance levels suggests potential for significant price movement in the near term.