
Bitcoin Price Surge: Analysis of $100,000 Target Prediction by Crypto Rover for May 2025 | Flash News Detail
From a technical perspective, Bitcoin’s worth motion is supported by bullish indicators as of 1:00 PM UTC on Might 2, 2025. The Relative Energy Index (RSI) on the 4-hour chart stands at 72, indicating overbought circumstances however sustained momentum (supply: TradingView BTC/USDT technicals). The Transferring Common Convergence Divergence (MACD) exhibits a bullish crossover, with the sign line crossing above the MACD line at 10:00 AM UTC, reinforcing upward stress (supply: Binance chart information). Quantity evaluation reveals that purchase quantity on Binance reached 210,000 BTC within the final 12 hours as of 1:10 PM UTC, in comparison with a promote quantity of 145,000 BTC, a transparent signal of purchaser dominance (supply: Binance order ebook information). The Bollinger Bands on the every day chart have widened, with the higher band at $99,800 as of 1:15 PM UTC, suggesting potential for a breakout if quantity sustains (supply: TradingView indicators). Concerning AI-crypto market correlation, the latest surge in AI token buying and selling volumes, with RNDR recording $320 million and FET at $280 million in 24-hour quantity as of 1:20 PM UTC (supply: CoinMarketCap quantity information), signifies that AI-driven sentiment is amplifying crypto market exercise. Merchants searching for ‘AI tokens to commerce throughout Bitcoin rally’ or ‘crypto AI market traits 2025’ ought to observe that AI developments, corresponding to developments in decentralized computing, are not directly boosting investor confidence in Bitcoin as a tech asset. This correlation may create distinctive buying and selling setups, particularly if Bitcoin achieves the $100,000 milestone by the tip of Might 2, 2025. For now, monitoring on-chain flows and trade volumes stays crucial for knowledgeable decision-making on this fast-moving market.
FAQ Part:
What’s driving Bitcoin towards $100,000 on Might 2, 2025? The surge is pushed by a 4.7% worth improve to $97,850 as of 11:30 AM UTC, excessive buying and selling volumes of $52 billion in 24 hours, and powerful social media sentiment following Crypto Rover’s tweet at 10:15 AM UTC (supply: CoinMarketCap, CoinGecko, Twitter).
How are AI tokens reacting to Bitcoin’s rally? AI tokens like RNDR and FET have risen by 5.2% to $8.45 and 4.9% to $2.35 respectively as of 12:20 PM UTC, with mixed 24-hour volumes of $600 million, reflecting optimistic market correlation (supply: CoinGecko, CoinMarketCap).