Technical analysis by محمدرضا سرلک about Symbol BTC on 5/7/2025

With the news of the US and China commercial talks this week, the market has become risky and Bitcoin has been raised up with a jump from the price, and has not yet been able to cross the $ 98,000 range and continues to fluctuate around $ 97,000. In the current digital currency market, investors' attention is still on the news. Despite sales pressure in the $ 98,000 area, the flow of capital into the Bitcoin ETF funds remains positive, and this could help stabilize prices at higher levels in the medium term. Anchor analysis also shows that the currency exchanges have a decrease, which is often regarded as an uptrend. In technical perspective, price stabilization at the top of $ 96,000 and the formation of higher floors in the short -term chart can enhance the likelihood of continuing upward trend. If Bitcoin could exceed $ 98,000 with a high volume, the next target was $ 100,000, with the possibility of a reaction at that point. In general, traders are now waiting for the outcome of business talks that can affect the risk -taking tendencies in the global markets, resulting in Bitcoin's next move.