$BTC On May 6, 2025, Bitcoin is forecasted to fluctuate within the range of 93,200 – 97,500 USD, heavily influenced by the Fed's interest rate decision during the FOMC meeting on May 6 – 7, along with selling pressure from miners, ETF capital flows, and geopolitical fluctuations.
Among them:
The market capitalization of Bitcoin currently stands at 1.87t USD – equivalent to 470,579.34t VND.
The trading volume of Bitcoin in the past 24 hours is recorded at 1.32b USD, equivalent to 330.99t VND.
Among them:
Major resistance: 97,500 USD – surpassing this will pave the way to 100,000 USD.
Major support: 93,200 USD.
Sideways scenario: Price fluctuates between 93,200 – 97,500 USD, focusing on testing 94,000 USD support and 97,500 USD resistance.
Breakout scenario: Closing above 97,500 USD may push the price towards 100,000 USD.
Correction scenario: Losing 93,000 USD triggers strong selling, potentially testing 91,000 – 92,000 USD.