Price Predictions for May 7: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
Bitcoin Price Prediction
Bitcoin bounced off the 20-day exponential moving average ($93,091) on May 6, indicating that sentiment remains positive and traders are buying on dips.
There is minor resistance at $97,895, but if this level is surpassed, the BTC/USDT pair could challenge the psychological resistance at $100,000. Sellers are expected to vigorously defend this level because a breakout above could push the pair to $107,000.