#Bitcoin (BTC) Full Analysis – May 7, 2025

Current Price: $96,478

24h Range: $93,587 – $97,513

Trend: Bullish Momentum Building

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Key Support Levels:

$93,000 (Immediate)

$90,000 (Strong)

$88,800 (Critical Technical Floor)

Key Resistance Levels:

$96,000 (Short-Term Barrier)

$99,000–$100,000 (Major Resistance)

$102,500 (Extended Upside Target)

Indicators:

RSI: 66 (Positive Strength, Not Overbought)

BTC above 50-day EMA – Strong short-term uptrend confirmation

Trading Strategy

Short-Term Traders:

Buy: $94,000

Target: $99,000

Stop-Loss: Below $93,000

Swing Traders:

Buy: $90,000

Target: $100,000

Stop-Loss: Below $88,800

Investor Strategy

Long-Term Investors:

Accumulation Buy Zone: $90,000–$94,000

Major Target Levels: $105,000 – $120,000 (6–12 month outlook)

Profit-Booking Zone: $100,000 – $110,000

Strategic Stop-Loss: Close below $88,000 (if confirmed on weekly close)

Approach: Use Dollar-Cost Averaging (DCA) between $90K–$94K to reduce volatility exposure. Watch for key macro signals like ETF inflows & Fed decisions.

Institutional Update:

MicroStrategy added 1,895 BTC at ~$95,167. ETFs saw zero inflows on May 7—investor sentiment cautiously optimistic ahead of FOMC update.

Hope this will help 😊