$BTC
#USStablecoinBill #BTC #BTC300k
#StrategicBTCReserve #AppleCryptoUpdate
As of May 5, 2025, Bitcoin is trading at $94,326, marking a decrease of 1.66% from the previous day (source). Technical analysis shows that the price is facing strong resistance at the $100,000 level, which is an important psychological barrier, while the $74,500 level serves as a key support (source).
Markets anticipate a short-term correction, with a possibility of re-testing the $93,000 level, coinciding with the anticipation of important U.S. economic data such as the Federal Reserve meeting and unemployment claims (source).
Despite these challenges, investors remain optimistic, especially with over $3 billion flowing into Bitcoin investment funds. There are also bets in the options market for the price to rise to $300,000 by June 2025 (source).