#bitcoin (BTC) Price Analysis –

#bitcoin As of May 5, 2025, Bitcoin (BTC) is trading at $94,181.77 USDT, reflecting a 1.38% intraday decline. The 24-hour range fluctuated between $93,514.10 and $95,758.08. Technical indicators show MA(7) at $94,175.34, MA(25) at $94,135.52, and MA(99) at $94,380.80, suggesting short-term resistance ahead. A recent recovery from the $94,047.79 support level indicates a possible bullish attempt; however, trading volume remains modest. The market sentiment appears cautiously optimistic, with 70.44% buyers dominating the order book. BTC continues to hold a strong long-term position, gaining over 47% in the past year. Traders should watch closely for breakout levels above the 99-day moving average for confirmation of upward momentum.