As of May 5, 2025, Bitcoin (BTC) is trading at approximately $94,593, reflecting a 1.0% decline over the past 24 hours.
Today's forecast suggests a potential dip towards the $93,000–$94,000 range, influenced by recent market volatility and macroeconomic factors. However, analysts anticipate a rebound later in the week, with projections aiming for the $100,000–$105,000 range by May 10, 2025, assuming positive market momentum continues.
Key support levels are identified around $90,000, with resistance near $100,000. Traders are advised to monitor these levels closely, as a breakout above resistance could signal further bullish momentum, while a drop below support may indicate continued downward pressure.
Shiba Inu (SHIB) is currently trading around $0.00001293, exhibiting a slight decline of approximately 0.02% over the past 24 hours. U.Today
Over the next two weeks, SHIB's price is expected to fluctuate between $0.00001277 and $0.00001894. A breakout above the resistance level at $0.00001450 could pave the way for a surge toward $0.000018, a price point not seen since March.
Technical indicators suggest a potential bullish trend, with some analysts eyeing a 26% increase if a wedge pattern breakout occurs. However, the overall market sentiment remains cautious, and investors should watch for key support and resistance levels. Shib Daily
Bitcoin (BTC) is currently trading around $95,500, showing strong bullish momentum as it approaches the psychological $100,000 mark. Analysts predict potential short-term fluctuations, with possible dips to support levels around $92,000–$93,500. However, the overall trend remains positive, with forecasts suggesting a climb towards $105,000–$110,000 by mid-May. Blockchain News