Bitcoin (BTC) Reaches $95,000 with Bullish Trend Building Ahead of Federal Open Market Committee (FOMC) Meeting

Bitcoin Intervention

BTCUSD

enters the second week of May in a fragile yet critical zone, with conflicting technical signals and increasing economic uncertainty shaping short-term expectations. While the ADX of the directional movement indicator rises, bearish pressure still dominates, and momentum remains weak across multiple indicators.

The strength of BTC's trend is rising, but bears are still in control.

The directional movement indicator for Bitcoin (DMI) shows a notable shift.