$BTC #BTC Daily Update | May 3, 2025

Bitcoin shows solid resilience despite macroeconomic tensions. After bouncing above $59,800, the pair $BTC seems to be targeting $62,000 again, supported by an increase in volume on derivatives.

Key Indicators:

RSI: close to the neutral zone (48), indicating possible upcoming momentum.

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).