$BTC As of today, Saturday, May 3, 2025, at approximately 2:44 PM in Kharkiv, Ukraine, here's the latest information regarding Bitcoin ($BTC):

Current Price:

* 1 Bitcoin is currently trading at approximately 4,047,567.42 Ukrainian Hryvnia (UAH).

* On Binance, Bitcoin dropped below 97,000 USDT and is trading around 96,999.98 USDT, showing a narrowed 0.44% increase in the last 24 hours.

* TradingView indicates a current price of around $96,226 USD, with a 0.75% decrease in the last 24 hours.

News Highlights:

* Market Sentiment: There's a mix of short-term caution and long-term optimism in the market. Some analysts suggest a potential consolidation phase, while others predict Bitcoin could surpass its previous all-time high by June 2025.

* Institutional Activity: ETF markets are regaining momentum, with Blackrock's IBIT experiencing significant Bitcoin inflows.

* Mining Updates: Bitcoin mining company Bitdeer reported an increase in its Bitcoin holdings.

* Market Dynamics: Bitcoin's dominance in the overall cryptocurrency market is around 63.84%.

Market Analysis:

* Short-Term: Technical indicators like the Stochastic Oscillator suggest potential overbought conditions, leading to possible consolidation between $73,000 and $94,000.

* Long-Term: Despite short-term fluctuations, long-term holders adopting a "buy-and-hold" strategy contribute to overall bullish sentiment.

* Key Levels: Support is around $73,000, and resistance is near $94,000, with the previous all-time high around $109,000 acting as significant resistance.

In summary, Bitcoin is currently trading around the $96,000 USD mark, with a slightly bearish trend in the very short term. However, long-term sentiment remains positive, driven by institutional interest and holding patterns.

Please remember that the cryptocurrency market is highly volatile, and these are just snapshots of the current situation. Always conduct your own research before making any investment decisions.