$BTC
As of May 6, 2025, Bitcoin (BTC) is trading at approximately $93,862, reflecting a slight decrease of 0.2% over the past 24 hours. The day's trading has seen a high of $95,118 and a low of $93,702.
Recent market activity indicates that Bitcoin is experiencing a period of consolidation. Analysts are closely monitoring key resistance levels around $98,000 and psychological benchmarks such as $100,000. Support levels to watch include $92,000 and $85,000, which could be pivotal in determining Bitcoin's short-term trajectory.
Institutional interest remains strong, with firms like BlackRock reportedly acquiring significant amounts of Bitcoin, signaling confidence in its long-term value.
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