Bitcoin price surges, nearing $100,000 with bullish trend, potential resistance at $107,000

From Yahoo Finance: 2025-05-02 00:06:00

Bitcoin has surged to its highest point since February, nearing $100,000. This comes after reports of Morgan Stanley considering adding cryptocurrency trading to its E*Trade platform next year. With bitcoin up 30% since April, investors are diversifying portfolios amidst economic uncertainty. Crucial levels to watch are $100,000, $107,000, $92,000, and $85,000. Technical analysis indicates a bullish trend with potential overhead resistance at $107,000 and support at $92,000 and $85,000.



Read more at Yahoo Finance: Watch These Bitcoin Price Levels as $100,000 Back in Sight