$BTC Here's post on today's Bitcoin (BTC) trading activity:

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📈 Bitcoin (BTC) Trade Update – May 7, 2025

Bitcoin continues its upward momentum today, trading at $97,010, up approximately 3.18% from the previous close. The intraday high reached $97,513, while the low was $93,587.

This surge is attributed to several factors:

Institutional Inflows: BlackRock's Bitcoin ETF has seen a 16-day winning streak, amassing $4.7 billion since April 9.

Positive Economic Indicators: Optimism from U.S.-China trade talks and the Federal Reserve's $20 billion daily bond purchases are boosting market sentiment.

Technical Analysis: BTC is testing key support levels around $90,000, with a potential breakout towards $100,000 if this support holds.

Traders are closely monitoring the Federal Reserve's FOMC meeting today, as any policy changes could significantly impact Bitcoin's trajectory.

📊 Key Levels to Watch:

Support: $90,000

Resistance: $100,000

Stay informed and trade responsibly.

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