$BTC

🔥 Fresh BTC Update 🚨May 7, 2025 🔥

Today the price of Bitcoin is trading above $96,400, and a good bullish momentum is observed compared to yesterday. BTC reached a daily high of $97,500 and a low of $93,500.

Current Price: $96,400+

Resistance Zone: $97,700+

Support Zone: $93,300

The most important news in the market today is that the price of BTC is having a strong rally before the Federal Reserve's FOMC meeting. Market analysts say that if BTC breaks the resistance of $97,700, the next target could be $100,000. However, if the price falls below $93,300, a short-term bearish trend could also develop.