Bitcoin Technical Analysis : BTC/USD 7 May 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 7 May 2025

Momentum : Up

First Scenario : long positions above 96,164.67 with targets at 96,776.30, 97,206.77 and 97,731.11

Second Scenario : short positions below 96,164.67 with targets at 95,791.76, 95,230.28 and 94,815.27

Comment : There is no clear trend in the price movement.

Supports and resistances :

97,731.11 **
97,206.77 *
96,776.30
96,513.93 - Last price
95,791.76
95,230.28 *
94,815.27 **

Warning : This information is not a buy-sell signal.