#BTCPrediction
Today, on May 7, 2025, Bitcoin has recorded a significant increase, reaching approximately $97,200, supported by strong buying momentum from institutional investors. This rise came after positive statements from the U.S. Federal Reserve regarding the stability of interest rates, which enhanced traders' risk appetite. Additionally, expectations of a decrease in supply following the recent "halving" have bolstered demand for the currency. On the technical side, the chart shows strong support at the $95,000 level, while $100,000 may present psychological resistance in the coming days.
Tip of the day: In light of this upward trend, it is advisable to buy on dips provided that a suitable stop-loss is set, and to closely follow economic news.