Bitcoin Price Watch: Traders Brace for Potential Double Top or Breakout

May 07 2025 bitcoin


Bitcoin is trading at $97,030 with a market capitalization of $1.927 trillion, supported by a 24-hour trade volume of $28.862 billion. During this session, bitcoin saw a price range between $93,592 and $97,511, reflecting ongoing volatility within a consolidative structure near recent highs. Bitcoin Bitcoin’s multi-timeframe chart action continues to reflect bullish strength, particularly on

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