As of May 9, BTC $103,297, showing steady growth after breaking through the key level of $100,000.

📊 Technical Analysis

Support: $100,000 — a new psychological level that serves as strong support.

Resistance: $106,500 — the next significant resistance level that BTC may test soon.

RSI: approaching 70, indicating a strong but potentially overheated market.

MACD: shows a bullish crossover, confirming positive momentum.

📰 Current News

US-UK Trade Agreement: increased risk appetite in the markets, contributing to BTC growth.

Acquisition of Deribit by Coinbase for $2.9 billion: strengthens Coinbase's position in the derivatives market, positively impacting investor confidence.

BTC reserves in New Hampshire: the state became the first in the US to establish cryptocurrency reserves, which could encourage further adoption of BTC.

🔮 Forecast

Considering the technical indicators and positive news, BTC has the potential for further growth. If it consolidates above $100,000, the next target could be $106,500. However, if a pullback occurs, support at the $100,000 level may act as a zone for buying recovery.