#BTCPrediction Bitcoin has been on a tear, recently spiking near $97,000 after weeks above $90K. With the Fed holding rates steady on May 7, attention shifts to Powell’s comments and market reactions. Traders note Bitcoin dominance at four-year highs and growing institutional flows, a bullish backdrop. Technicals remain constructive but caution is warranted. On the daily chart, key resistances lie between $99–100K (extending to $102.5K) while supports are near $91.7K

Momentum indicators (e.g. RSI ~58) suggest room to run before overbought levels, and MACD on shorter timeframes is crossing bullish.