$BTC As of May 6, 2025, Bitcoin (BTC) is trading around $94,244, experiencing a slight daily increase of 0.21%. The cryptocurrency is undergoing a mild correction, with support near $93,500. Analysts suggest that if BTC maintains this support, it could rebound towards $98,000. Conversely, a drop below $93,000 might lead to further declines. Long-term forecasts remain optimistic, with projections of BTC reaching $116,731 by mid-2025. Market sentiment is cautious, influenced by recent ETF inflows and institutional activities. Investors are advised to monitor key support and resistance levels closely.    #Market_Update