#BTCPrediction Market analysis shows Bitcoin trading around $94,161 as of May 5, with a slight 1.25% drop in the last 24 hours, according to U.Today. It faced resistance at $95,000, with bears pushing back against bulls attempting to break this level, as noted by TradingView News. Glassnode researcher CryptoVizArt highlighted that Bitcoin’s rally to the $93,000–$96,000 range has led to profit-taking, with $9 in realized profits for every $1 in losses, signaling potential risk. Additionally, FXStreet reported Bitcoin hovering around $94,000 after a rejection at the $97,700 resistance level on May 4, with fading bullish momentum indicated by the Relative Strength Index (RSI) dropping from 70 to 60.
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