$BTC
Bitcoin Analysis Today – Friday, May 9, 2025
📈 Current Price and Overall Performance
Current Price: Ranges between $102,500 and $104,000, with a recorded increase of 3.39% over the past 24 hours.
Market Capitalization: Exceeded $2.04 trillion, reflecting increasing confidence from investors.
Daily Trading Volume: Approximately $66.95 billion, indicating strong trading activity.
Source: Al Ain News
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🔍 Technical Analysis
General Trend: Bitcoin is moving within an ascending channel, supported by a clear trendline, indicating the continuation of positive momentum as long as this support is not broken.
