$BTC The price of Bitcoin (BTC) is $93967.48 today as of Ma | Mubashir Hassan Nirban on Binance Square

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Mubashir Hassan Nirban

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$BTC The price of Bitcoin (BTC) is $93967.48 today as of May 6, 2025, 7:29 am EDT, with a 24-hour trading volume of $13.6B.

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+2.53%

2

0

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#FOMCMeeting FOMC Summary 1. Economy solid, labor market solid. Bad sentiment not showing up in data. 2. Wont cut until we have greater clarity about how tariffs will impact our dual mandate. 3. If downside materialises, we can move quickly as we showed back in Sep 2024 by cutting 50bp. Bessent told us trade deals for 80/90% of countries will be done by end of the year. We wont have certainty until Q4. The idea of July cut only materialises if the data drops off the cliff!

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#MEMEAct Trump’s Crypto Empire Sparks Political Firestorm! Donald Trump is back in the crypto headlines — and this time, it’s shaking up Washington! The former U.S. President has reportedly entered the crypto scene with a jaw-dropping $2 billion stablecoin partnership and even launched a meme coin competition that’s gone viral. But this bold move hasn’t gone unnoticed… Lawmakers are pushing back hard, proposing a bill that would ban government officials from investing in or publicly supporting any crypto projects — a direct response to what many see as Trump’s growing influence in the blockchain world.

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$BTC $BTC comprehensive analysis Order Book Analysis Buy Orders (Bids): There’s a strong concentration of buy orders just below the current price, with the highest bid at $97,380.14 for 0.07008 BTC, followed by $97,380.13 for 0.01026 BTC, down to $97,380.00 for 0.00006 BTC. The cumulative amount for these bids is around 2.48382 BTC within a tight range. Sell Orders (Asks): The sell side isn’t fully visible, but the next ask price is likely just above $97,380.14, given the tight spread typical on Binance for BTC/USDT. The total bid amount at the top price ($97,380.14) is 2.48382 BTC, and the ask amount at a slightly higher price (e.g., $97,380.54) is 0.07404 BTC, suggesting a slight imbalance favoring buyers at this exact price point. Liquidity and Spread: The spread between the highest bid and the lowest ask appears very narrow (likely less than $0.50), which is expected for a highly liquid pair like BTC/USDT on Binance. This tight spread indicates high liquidity and active trading, reducing the risk of slippage for market orders. Market Sentiment and Indicators Chart Analysis: The 1-hour chart in the screenshot shows a recent uptrend with candlesticks moving above the 50-period and 200-period moving averages (MA 50 close at $97,347.30 and MA 200 at $97,228.62). This suggests bullish momentum in the short term. The volume bars show a spike to 914.992 BTC recently, indicating heightened trading activity, likely driven by buying pressure. Moving Averages: The 50-period MA being above the 200-period MA (golden cross) on the 1-hour chart reinforces the bullish trend. However, the price is currently testing the $97,380 level, which could act as a psychological resistance. Market Depth: The order book depth indicates strong support just below $97,380, with significant bid volume (2.48382 BTC in a narrow range). This suggests that any minor pullbacks might find buyers quickly, preventing a sharp drop unless large sell orders overwhelm this support. Real-Time Data Insights Since the screenshot is static, I’ve searched ) . o

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#BTCPrediction $BTC comprehensive analysis Order Book Analysis Buy Orders (Bids): There’s a strong concentration of buy orders just below the current price, with the highest bid at $97,380.14 for 0.07008 BTC, followed by $97,380.13 for 0.01026 BTC, down to $97,380.00 for 0.00006 BTC. The cumulative amount for these bids is around 2.48382 BTC within a tight range. Sell Orders (Asks): The sell side isn’t fully visible, but the next ask price is likely just above $97,380.14, given the tight spread typical on Binance for BTC/USDT. The total bid amount at the top price ($97,380.14) is 2.48382 BTC, and the ask amount at a slightly higher price (e.g., $97,380.54) is 0.07404 BTC, suggesting a slight imbalance favoring buyers at this exact price point. Liquidity and Spread: The spread between the highest bid and the lowest ask appears very narrow (likely less than $0.50), which is expected for a highly liquid pair like BTC/USDT on Binance. This tight spread indicates high liquidity and active trading, reducing the risk of slippage for market orders. Market Sentiment and Indicators Chart Analysis: The 1-hour chart in the screenshot shows a recent uptrend with candlesticks moving above the 50-period and 200-period moving averages (MA 50 close at $97,347.30 and MA 200 at $97,228.62). This suggests bullish momentum in the short term. The volume bars show a spike to 914.992 BTC recently, indicating heightened trading activity, likely driven by buying pressure. Moving Averages: The 50-period MA being above the 200-period MA (golden cross) on the 1-hour chart reinforces the bullish trend. However, the price is currently testing the $97,380 level, which could act as a psychological resistance. Market Depth: The order book depth indicates strong support just below $97,380, with significant bid volume (2.48382 BTC in a narrow range). This suggests that any minor pullbacks might find buyers quickly, preventing a sharp drop unless large sell orders overwhelm this support. Real-Time Data Insights Since the screenshot is static,

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