$BTC

Bitcoin (BTC) is experiencing strong performance today, May 9, 2025, as its price has exceeded $104,000 for the first time in months, reflecting a return of bullish momentum. This surge is supported by positive news regarding the global economy and significant expansion in the adoption of cryptocurrencies, such as the announcement from the "Steak 'n Shake" restaurant chain to accept Bitcoin payments. Technically, indicators show a continuation of the upward trend, with nearby resistance at $107,000. The current price is considered a suitable buying opportunity for investors looking to enter the market before potential rises towards $120,000. However, caution is advised with any break below the support level at $100,000, which could lead to a temporary decline.