$BTC
#TradeStories As of May 8, 2025, Bitcoin (BTC) is trading at approximately $99,246, marking a significant upward movement toward the $100,000 milestone. The day's trading has seen a high of $100,131 and a low of $95,959, reflecting strong bullish momentum.
Analysts suggest that Bitcoin's current trajectory is supported by higher timeframe support levels, indicating a potential surge beyond $100,000. This bullish sentiment is further fueled by increased ETF inflows and favorable macroeconomic factors, such as China's recent monetary policy easing, which has boosted investor confidence in the cryptocurrency market.
For a visual representation of Bitcoin's price movements and historical trends, you can refer to the following chart:
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As of May 8, 2025, Bitcoin (BTC) is trading at approximately $99,246, marking a significant upward movement toward the $100,000 milestone. The day's trading has seen a high of $100,131 and a low of $95,959, reflecting strong bullish momentum.
Analysts suggest that Bitcoin's current trajectory is supported by higher timeframe support levels, indicating a potential surge beyond $100,000. This bullish sentiment is further fueled by increased ETF inflows and favorable macroeconomic factors, such as China's recent monetary policy easing, which has boosted investor confidence in the cryptocurrency market.
For a visual representation of Bitcoin's price movements and historical trends, you can refer to the following chart:

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