$BTC

As of May 6, 2025, Bitcoin (BTC) is trading around $94,348, with a market capitalization of approximately $1.87 trillion and a 24-hour trading volume of about $23.27 billion.

Risks to note

• Short-term volatility: BTC has broken through the short-term upward trend line, indicating the possibility of a short-term correction. The next support level to watch is $88,800.

• Trading volume: Although prices are rising, low trading volume may be a sign of a lack of strong buying momentum, further monitoring is needed.

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✅ Conclusion

Bitcoin is in a long-term uptrend, supported by technical factors and interest from major financial institutions. However, investors should be cautious of short-term fluctuations and closely monitor key support and resistance levels to make informed investment decisions.