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!

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