$BTC As of May 9, 2025, the BTC/USDT pair shows confident growth, surpassing the $103,000 mark and reaching a high of $103,978. This confirms a strong bullish momentum in the market.

Technical indicators confirm a positive outlook:

MACD: a bullish crossover is observed, indicating a continuation of the uptrend.

RSI: is around 68, which indicates strong momentum but also warns of possible overbought conditions.

Trading volumes on Binance for the BTC/USDT pair reached $15 billion, indicating high interest from traders and investors.

Fundamental factors also support growth:

Institutional investments are increasing, as evidenced by record inflows into Bitcoin ETFs exceeding $40 billion.

Positive news, such as the conclusion of a trade agreement between the USA and the UK, contributes to strengthening market confidence.

Overall, the current dynamics of the BTC/USDT pair indicate a continuation of the uptrend, while it is important to monitor technical levels and fundamental news for timely responses to market changes. $BTC