Bitcoin is showing strong bullish momentum, currently trading above the $95K mark. If the uptrend continues, the next key targets lie at $98,000 and the psychological resistance at $100,000. However, if a pullback occurs, the main support levels to watch are $93,500 and $91,000.
Key Levels:
Resistance: $98,000 – $100,000
Support: $93,500 – $91,000
Trend: Bullish
Suggestion: Good for long-term holders. For new entries, waiting for a minor retracement could provide a better risk-reward opportunity.
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BTC/USDT Analysis – May 4, 2025
Current Price: $95,585
Bitcoin is showing strong bullish momentum, currently trading above the $95K mark. If the uptrend continues, the next key targets lie at $98,000 and the psychological resistance at $100,000. However, if a pullback occurs, the main support levels to watch are $93,500 and $91,000.
Key Levels:
Resistance: $98,000 – $100,000
Support: $93,500 – $91,000
Trend: Bullish
Suggestion:
Good for long-term holders. For new entries, waiting for a minor retracement could provide a better risk-reward opportunity.
#bitcoin