Bitcoin (BTC) Price Prediction for May 7
By: bitcoin ethereum news|2025/05/08 15:15:01
0
Share
The market is bouncing back today, according to CoinStats. BTC/USD The price of Bitcoin (BTC) has risen by 3.28% since yesterday. On the hourly chart, the rate of BTC is in the middle of the local channel, between the support of $96,226 and the resistance of $97,717. You Might Also Like As most of the daily ATR has been passed, there are low chances to expect sharp moves by tomorrow. On the bigger time frame, the situation is bullish. The price is about to break the resistance of $97,470. If it happens and the bar closes above that mark and with no long wick, the rise may continue to the $98,000 mark. From the midterm point of view, traders should focus on the $98,871 level. If the weekly candle closes above it, the accumulated energy might be enough for a test of the $100,000 range. Bitcoin is trading at $97,458 at press time. Source: https://u.today/bitcoin-btc-price-prediction-for-may-7
You may also like
Champion's Final Bow: FC Barcelona vs Real Betis – Celebrate the Title with a Home Finale
FC Barcelona are champions! After beating Real Madrid to clinch the 2025-26 LALIGA title, Barça return home to face Real Betis on May 17. A victory party at Spotify Camp Nou awaits. Full preview inside.
Best Oil Trading Platform for Crypto Users in 2026
Looking for the best oil trading platform for crypto users? Trade crude oil, gold, forex, and US stock futures directly with USDT on WEEX TradFi with 0% trading fees and no broker account required.
5 Futures Trading Strategies Smart Traders Use to Cut Crypto Fees and Boost Futures Returns
Most futures traders focus on entries and exits but ignore the fees quietly killing profits. Learn 5 futures trading strategies to cut costs and improve returns in 2026.
What Is TradFi? How Crypto Traders Can Now Access Crude Oil, Gold, and Global Markets
What is TradFi in crypto? Learn how crypto traders can now trade crude oil, gold, stocks, and global markets directly with USDT on WEEX TradFi with 0 fee trading and a $150,000 bonus pool.
How WEEX Bridges Crypto and Football: A Deep Look at the LALIGA Partnership Inside the WEEX App
WEEX is not just a LALIGA sponsor. It’s a true partner. From iPhone Dynamic Island to LALIGA-themed app icons and smart posters, see how WEEX brings football passion into every trade — and builds a real bridge between crypto and sports.
FC Barcelona vs Real Madrid Preview: El Clásico – Can Barça Clinch the Title at Spotify Camp Nou?
FC Barcelona vs Real Madrid El Clásico match preview for May 11, 2026. Barça need just 1 point to win LALIGA. Can Madrid delay the trophy? Full preview inside.
At the Stripe conference, I saw the future of the AI economy
When agents cross the boundaries of tools and begin to make autonomous decisions and payments, a new business transformation has arrived.
Miners welcome a new life
Under the dual impact of the halving crisis and market crash, Bitcoin mining farms are fully transforming into AI data centers by leveraging existing power infrastructure, fiercely securing billions in orders from tech giants for a comeback.
Seven Important Judgments by Claude Code's Founder at the Sequoia Conference
Claude Code founder's in-depth sharing at the Sequoia Conference: AI is downgrading "coding" to a basic skill, cross-domain product insights have become the new core barrier, traditional SaaS moats are completely collapsing, and the golden era of startups disrupting large companies has already begun...
The payment moment of AI agents: Who will become the Stripe of the machine economy?
Cryptographic infrastructure and card organizations are not mutually exclusive; the winner is the unified gateway that connects both tracks simultaneously.
Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program
Overview of Important Market Events on May 6th
Rented Tracks: What is this wave of stablecoin FX hot money really paying for?
What is truly being repriced in the market is the layer between stablecoin issuers and the real economy - the transaction layer.
Dialogue Velocity Eric: What is the stablecoin track that the CFO really wants?
Former Worldpay strategic executive enters the crypto space: Revealing how Velocity tackles the CFO's most troublesome issues of cross-border settlement and idle funds with "stablecoin payment accounts."
Strategy should have said that selling coins is not ruled out
If Saylor sells his coins, will the cryptocurrency market plummet?
How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy
MegaETH created a flywheel with USDm, aiming to attract a large number of users and funds in the short term.
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.
Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?
This round of funding bets on the transition of cryptocurrency from the infrastructure development phase to the phase of real user adoption. Whether focusing on cryptocurrency or crossing over to AI, this real money will only flow to those places that can turn technology into products.
Polymarket Underlying Algorithm Explained
It may be the only article on Twitter that clearly explains all the underlying design of Polymarket in plain language.
Champion's Final Bow: FC Barcelona vs Real Betis – Celebrate the Title with a Home Finale
FC Barcelona are champions! After beating Real Madrid to clinch the 2025-26 LALIGA title, Barça return home to face Real Betis on May 17. A victory party at Spotify Camp Nou awaits. Full preview inside.
Best Oil Trading Platform for Crypto Users in 2026
Looking for the best oil trading platform for crypto users? Trade crude oil, gold, forex, and US stock futures directly with USDT on WEEX TradFi with 0% trading fees and no broker account required.
5 Futures Trading Strategies Smart Traders Use to Cut Crypto Fees and Boost Futures Returns
Most futures traders focus on entries and exits but ignore the fees quietly killing profits. Learn 5 futures trading strategies to cut costs and improve returns in 2026.
What Is TradFi? How Crypto Traders Can Now Access Crude Oil, Gold, and Global Markets
What is TradFi in crypto? Learn how crypto traders can now trade crude oil, gold, stocks, and global markets directly with USDT on WEEX TradFi with 0 fee trading and a $150,000 bonus pool.
How WEEX Bridges Crypto and Football: A Deep Look at the LALIGA Partnership Inside the WEEX App
WEEX is not just a LALIGA sponsor. It’s a true partner. From iPhone Dynamic Island to LALIGA-themed app icons and smart posters, see how WEEX brings football passion into every trade — and builds a real bridge between crypto and sports.
FC Barcelona vs Real Madrid Preview: El Clásico – Can Barça Clinch the Title at Spotify Camp Nou?
FC Barcelona vs Real Madrid El Clásico match preview for May 11, 2026. Barça need just 1 point to win LALIGA. Can Madrid delay the trophy? Full preview inside.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
