According to Crypto Rover, Bitcoin is approaching a bullish cross, a technical indicator often associated with potential upward price momentum in cryptocurrency markets (source: Crypto Rover on Twitter, May 5, 2025). Traders may interpret this signal as a possible entry point, especially since bullish crosses such as the golden cross historically precede significant rallies in Bitcoin's price. Monitoring moving averages and price action is recommended for optimal trade timing. Source: Crypto Rover, Twitter.

According to Crypto Rover, Bitcoin funding rates are still negative as of May 3, 2025, which is interpreted as a bullish signal for traders. Negative funding rates suggest that short positions are dominant and traders are paying a premium to stay short, indicating potential for a short squeeze if prices rise. Historically, such conditions have often led to upward price momentum as over-leveraged shorts are forced to cover their positions, offering an opportunity for long traders to capitalize on potential price rebounds (source: Crypto Rover, Twitter, May 3, 2025).

According to Crypto Rover (@rovercrc), former President Donald Trump has publicly called for the Federal Reserve to lower its interest rates, a move widely interpreted as super bullish for risk assets like Bitcoin and cryptocurrencies. Market participants view rate cuts as supportive of higher asset prices, with historical data indicating positive momentum for crypto markets when monetary policy eases (source: Crypto Rover Twitter, May 2, 2025). Traders are watching for potential increased inflows into Bitcoin and altcoins, anticipating possible rallies if the Fed responds to political pressure.