#MEMEAct

Today, on May 7, 2025, Bitcoin recorded a significant increase, reaching about $97,200, supported by strong buying momentum from institutional investors. This rise followed positive statements from the U.S. Federal Reserve regarding the stability of interest rates, which boosted the risk appetite among traders. Expectations of a decrease in supply after the recent "halving" also contributed to the demand for the currency. On the technical side, the chart shows strong support at the $95,000 level, while $100,000 may pose a psychological resistance in the coming days.

Tip of the day: In light of this upward trend, it is advised to buy on dips, provided a suitable stop loss is set, and to closely follow economic news.