🚀 Bitcoin Today: Price, Analysis, and Prediction May 2025 🚀
Current price (May 6, 2025):
Bitcoin $BTC is trading near $94,300, showing a slight correction of 1.4% in the last 24 hours after reaching a recent high of $97,900 on May 2.
🔍 Brief technical analysis
Key supports: $92,000 and $89,000 (accumulation zones), $74,000 (major support).
Immediate resistances: $95,000 (psychological ceiling), $100,000-$109,000 (all-time highs).
Indicators: Short-term bearish MACD, low volumes suggest consolidation.
📊 Market sentiment
Institutions: Positive flows in spot ETFs; solid demand.
Retail: Profit-taking in the U.S., but global interest remains strong.
Dominance: BTC at 70%, leading the crypto market.
🔮 Prediction
Short term: Consolidation between $90,000 and $95,000, possible attempt to break $100,000 if support holds.
Medium term: If the bull cycle continues, we could see BTC at $150,000-$170,000 before the end of the year.
The market is buzzing and Bitcoin remains the star of the financial revolution. Are you ready to ride the next wave? 🚀💥 Don't miss out and stay tuned, because the future is now! #Bitcoin #BTC2025