BTC Technical Outlook – May 3, 2025
Current price of $BTC : $96,339
After experiencing a significant surge since early May, $BTC is currently undergoing a healthy correction (pullback) approaching a crucial support area at $96,000. If this support holds, there is potential for a rebound that could bring the price back to test resistance at $97,800.
🟢 Short-Term Trend: Still Bullish
📉 Correction Potential: Normal in an uptrend
🔍 Volume decreasing on the way down → selling pressure weakening.
🎯 Pay attention to the following important levels:
Support: $96,000
Resistance: $97,800
A breakout or breakdown could be the next entry signal.
💬 Are you ready to buy the dip or wait for a breakout confirmation?
Drop your thoughts in the comments!
#BTC #CryptoAnalysis #BinanceSquare #BitcoinToday #DigitalAssetBill