Today, Friday, May 9, 2025, the $BTC market is showing strong bullish momentum. Bitcoin's price has surged past the $100,000 mark and is currently trading around $103,000 - $103,700, marking a significant daily increase of approximately 3-4%. This upward movement is fueled by a renewed optimism in the market, potentially influenced by factors like U.S.-China trade talks and sustained institutional demand.

Technical analysis indicates strong bullish momentum, with Bitcoin breaking above previous resistance levels. The Relative Strength Index (RSI) is in overbought territory, suggesting the rally has been strong. Market sentiment is leaning towards further gains, with some analysts eyeing the previous all-time high near $109,000 as the next target. Overall, the BTC market today is characterized by high buying pressure and positive price action.