⚠️ Market Volatility Alert⚠️⚠️⚠️
Current Price (as of May 5, 2025): ~$61,200‼️
Market Sentiment: Cautiously Bullish
Dominance: ~48.3%
24h Volume: $28B+
Support Levels: $58,000 / $55,500
Resistance Levels: $63,000 / $65,200
Overview:🤧
Bitcoin is showing signs of consolidation after a volatile Q1 2025, largely driven by macroeconomic uncertainties and ETF inflows. While the halving effect from April is gradually being priced in, the market remains reactive to interest rate news and global crypto regulations.
Key Drivers to Watch;
Post-halving supply shock still unfolding
U.S. Federal Reserve stance on interest rates
ETF Flows continuing to influence institutional demand
Geopolitical uncertainty (especially in Asia-Pacific)
Ethereum upgrades potentially shifting investor focus
Short-Term Prediction (Mid-May 2025):
If $BTC holds above $58,000, a move to test $63,000–$65,000 is likely. A close above $65,000 could trigger bullish momentum toward $68,000. However, falling below $58K might open downside toward $54K.
Predicted Range (Next 2 Weeks):🧐
$58,000 – $65,500
Momentum: Neutral to Bullish
Caution:⚠️
Despite optimism,$BTC remains in a high-volatility zone. Always use proper risk management. This is not financial advice.