#BTCPrediction Recent market developments

• Slight increase due to improved risk sentiment: BTC price has risen to 96,400 USD in the trading session on May 7, supported by increased risk acceptance after the US and China announced positive progress in trade negotiations.

• Warning from Bitfinex: The Bitfinex exchange warns that if BTC does not maintain support above 95,000 USD, the market may face a short-term correction.

• Buying activity from institutions: Major financial institutions continue to increase their BTC purchases, indicating confidence in the long-term potential of this cryptocurrency.