As of May 5, 2025, Bitcoin (BTC) is trading at approximately $94,593, reflecting a 1.0% decline over the past 24 hours.

Today's forecast suggests a potential dip towards the $93,000–$94,000 range, influenced by recent market volatility and macroeconomic factors. However, analysts anticipate a rebound later in the week, with projections aiming for the $100,000–$105,000 range by May 10, 2025, assuming positive market momentum continues.

Key support levels are identified around $90,000, with resistance near $100,000. Traders are advised to monitor these levels closely, as a breakout above resistance could signal further bullish momentum, while a drop below support may indicate continued downward pressure.

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