Bitcoin Cooling Off or Coiling Up? $BTC Stalls Near $94K Before Fed Fireworks
Bitcoin’s price is cruising just under $94K as of May 5, 2025 — but don’t let the calm fool you. The market’s holding its breath ahead of the Fed’s interest rate decision this week, and BTC is stuck somewhere between chill mode and breakout energy.
After a wild April rally, $BTC seems to be catching its breath. The daily dip is minimal — around 0.4% — but traders are watching closely. Some are whispering about a breakout, others are prepping for a correction. Classic crypto suspense.
Big Players Still Loading Bags
Meanwhile, institutional whales aren’t slowing down. BlackRock’s Bitcoin ETF saw chunky inflows again, and Michael Saylor’s squad added nearly 2,000 more BTC to their stack. While retail traders debate TikTok TA, the suits are stacking sats in silence.
Technical Tea
$BTC is dancing between the $93K support and $95K resistance. If bulls push through that ceiling, we could see a run toward $97K or beyond. But if price dips below support, $91K becomes the next battleground. Either way, volatility’s warming up.