Bitcoin Price Analysis shows bullish macro trend, short-term weakness, and critical levels for traders to watch
Bitcoin Price Analysis on May 4, 2025, reveals an increasingly complex technical landscape as BTC trades at $95,426 with a market capitalization of $1.895 trillion. In the last 24 hours, it posted a trade volume of $13.546 billion, fluctuating between $95,415 and $96,493. This narrow trading range reflects indecision as the broader trend remains bullish, while local exhaustion begins to surface.
From the most recent $74,434 low, bitcoin keeps trending upward on the daily chart. Three successive red candles close to the $97,938 resistance zone, on the other hand, suggest short-term uncertainty. This difference combined with falling volume points to a slowdown in the bullish drive. Such configurations in Bitcoin Price Analysis usually indicate a forthcoming downturn or lateral consolidation. Unless a high-volume breakout alters the dynamic, strategic traders can aim profits close to the $97,000–$98,000 region by buying the dip between $92,000 and $94,000.
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Looking at the 4-hour chart, BTC has moved into a short-term downtrend after not maintaining above $97,000. With $92,846 as a major support, the market structure now defines lower highs and lower lows. Bearish volume rules this period, hence a tactical short strategy is recommended. Between $96,000 and $96,500, aggressive traders could go short, putting stops above $97,500. If a bullish divergence or candle pattern verifies support in that area, conservative long setups might be regarded close to $92,800.
This negative slant is supported by the 1-hour chart. There are no obvious strong reversal patterns, hence the decline stays in place. Weak, low-volume green candles show little buyer confidence. If BTC fails again close to $96,300, scalpers should monitor resistance there and think about short entry. Conversely, although risk management is crucial, a powerful bullish engulfing candle with volume near $95,000 to $95,300 could warrant a short long scalp towards $96,000.
Momentum indicators are currently mixed, further validating the indecision reflected in recent price action:
- RSI at 65 (neutral-bullish)
- Stochastic at 86 (overbought)
- CCI at 68 (neutral)
- ADX at 32 (moderate trend strength)
- Awesome Oscillator (neutral)
- Momentum (10) signals a sell, while the MACD offers a buy signal (level: 3,036)
Though near-term weakness persists, moving averages show a positive macro outlook. All short-, medium-, and long-term SMAs and EMAs line up to support the uptrend. While 200-period indications confirm the longer-term bullish structure, the 10-period EMA/SMA hovers above present price levels, providing solid immediate support.
Ultimately, the timeliness is highlighted by today’s Bitcoin Price Analysis. Although the general trend favours more upward, present barriers and falling volume call for trader caution. In the present context, waiting for breakout confirmation or purchasing dips in solid support zones provides the greatest risk-adjusted tactics.
