Key results:

• The data show that Bitcoin Bulls opens a margin of long positions from 94,400 USD.

• The escalate in Futures Bitcoin contracts by USD 189 million open percentage and 15% escalate in the volume of turnover show the maintenance of purchasing interest.

• BTC Momentum tends to snail-paced down before FOMC meetings, and then becomes unstable. The same can happen after the Federal Reserve declarations this week.

Bitcoin (BTC) Bulls maintain powerful levels at USD 94,500 when the market is waiting for a meeting of the Federal Open Market (FOMC) Committee on May 7. Bitcoin AXEL ARLY ADLER ADLER JR. excellent The BTC price strength was indicated by a stubborn cluster of long positions forming about USD 94,400 on the Futures market. Apparently, a similar cluster was observed at the end of April, which reduced BTC prices to USD 97,500.

Similarly, Bitcoin Futures Open interests (OI) showed a rapid escalate of 2000 BTC, IE, about $ 189 million, in the last few hours. The escalate in OI and a 15% escalate in the aggregated volume means constant shopping pressure despite the drop in prices.

The attached financing indicator remains almost neutral, which indicates balanced moods between long and shorts in the last eight hours. However, financing indicators fluctuated, with compact jumps up to 0.018% on May 6, which suggests periodic optimism among lewed traders.

My founder of the capital Michaël van de poppe identified Bitcoin reflects and said that BTC can still recover in the markets. The analyst said

“I think that we will continue Grind on Bitcoin up, the key factor is whether gold is beginning to correct tomorrow after FOMC, which indicates that the business cycle will begin.

Related: Bitcoin Sale of up to $ 93.5,000 is a short hiccups-Dane still support new Maksima BTC in 2025.

Bitcoin Momentum will get stuck in front of the FOMC

Swissblock, investment management company, revealed This Bitcoin’s momentum has usually slowed down the last five decisions regarding interest rates, and then a sharp increase in price variability. In analysis X, the company presented a 25-day rate of Bitcoin (ROC) changes from 2524 to May 2025.

The price of Bitcoin has constantly increased on the charts, whenever ROC trained or achieved a positive impact. This was observed mainly in October to November 2024, and recently in April 2025.

Consequently, when the Roc narrows, BTC improves, the result observed in January-February 2025. The last data indicate that ROC remains defense in May 2025, which increases the possibility of a bitcoin price increase.

Swissblock emphasized that the FOMC meeting is a potential catalyst for the next Bitcoin movement, noticing that the decision on the stake and chairman of the Federal Reserve Jerome Powell can cause variability on financial markets.

Related: Bitcoin price increased 1,550%, last time when the “BTC Risk-off” indicator fell to this low level

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.