$BTC #BTC Daily Update | May 3, 2025
Bitcoin shows strong resilience despite macroeconomic tensions. After bouncing above $59,800, the pair $BTC seems to aim for $62,000 again, supported by an increase in volume on derivatives.
Key indicators:
RSI: close to the neutral zone (48), indicating possible momentum ahead.
Spot volume: slightly up, a sign of accumulation.
Market attentive to US rate decisions.
Trend: Neutral to bullish in the short term.
Suggestion of the day: Stay cautious. Weekend movements may surprise. Use limit orders and monitor support levels ($58,500) and resistance ($62,500).