Bitcoin has recently achieved a significant milestone by breaking through the critical resistance level of $87,000, as noted by crypto analyst Michaël van de Poppe on May 4, 2025, at 10:30 AM UTC (Source: Twitter post by @CryptoMichNL). This breakthrough occurred on May 3, 2025, at approximately 2:00 PM UTC, when Bitcoin surged from $86,800 to $87,200 within a 4-hour candle, according to data from TradingView. Following this breakout, Bitcoin continued its upward momentum, reaching above $92,000 by May 4, 2025, at 8:00 AM UTC, marking a 5.7% increase in just under 24 hours (Source: CoinMarketCap). This price action flipped Bitcoin back into a higher range, signaling strong bullish sentiment in the market. Trading volume during this period spiked by 38%, with over $42 billion in spot trading volume recorded on May 3, 2025, between 12:00 PM and 11:59 PM UTC across major exchanges like Binance and Coinbase (Source: CoinGecko). This surge in volume indicates robust market participation and confirms the strength of the breakout. For traders, this suggests that Bitcoin’s rally is supported by genuine buying interest, and as Michaël van de Poppe highlighted, any price dips in the short term could present buying opportunities for those targeting a new all-time high (ATH), potentially above $100,000. Additionally, on-chain metrics from Glassnode show a 12% increase in active addresses, reaching 1.1 million on May 3, 2025, at 11:00 PM UTC, further supporting the bullish narrative as more users engage with the network (Source: Glassnode). This combination of price action, volume, and on-chain activity paints a clear picture of Bitcoin’s current strength in the cryptocurrency market, making it a focal point for trading strategies centered on momentum and breakout plays.

Delving into the trading implications, Bitcoin’s breakthrough above $87,000 and subsequent rally to $92,000 as of May 4, 2025, at 8:00 AM UTC, opens up multiple opportunities for traders across various timeframes (Source: CoinMarketCap). On major trading pairs like BTC/USDT on Binance, the price touched $92,300 at 7:00 AM UTC on May 4, 2025, with a 24-hour trading volume of $18.5 billion, representing a 25% increase compared to the previous day (Source: Binance Exchange Data). Similarly, the BTC/USD pair on Coinbase saw a peak of $92,250 at the same timestamp, with a trading volume of $9.2 billion, up 30% from May 3, 2025 (Source: Coinbase Exchange Data). These figures suggest strong liquidity and buying pressure across platforms, ideal for scalpers and swing traders looking to capitalize on short-term price movements. For long-term holders, the current momentum, coupled with Michaël van de Poppe’s analysis on May 4, 2025, indicates that pullbacks to support levels near $89,000 could serve as strategic entry points for accumulating Bitcoin ahead of a potential push to a new ATH (Source: Twitter post by @CryptoMichNL). On-chain data from IntoTheBlock reveals that 78% of Bitcoin addresses are currently in profit as of May 4, 2025, at 9:00 AM UTC, which may encourage holders to maintain positions rather than sell, potentially reducing selling pressure during dips (Source: IntoTheBlock). This environment is conducive to trading strategies that prioritize buying on dips, especially for those searching for ‘Bitcoin price prediction 2025’ or ‘best crypto trading strategies’ online. Moreover, with increasing interest in AI-driven trading tools, there’s a noticeable correlation between AI token performance and Bitcoin’s rally, as tokens like FET and AGIX saw a 7% and 5% increase respectively on May 4, 2025, between 6:00 AM and 10:00 AM UTC, likely driven by sentiment around automation in crypto trading (Source: CoinMarketCap).

From a technical perspective, Bitcoin’s price action is backed by several key indicators as of May 4, 2025, at 10:00 AM UTC. The Relative Strength Index (RSI) on the daily chart stands at 72, indicating overbought conditions but sustained bullish momentum, as per data from TradingView. The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line crossing above the signal line on May 3, 2025, at 6:00 PM UTC, signaling continued upward potential (Source: TradingView). Additionally, Bitcoin is trading above its 50-day and 200-day Exponential Moving Averages (EMAs), with the price at $92,100 crossing the 50-day EMA of $88,500 on May 3, 2025, at 3:00 PM UTC, confirming a strong uptrend (Source: TradingView). Volume analysis further supports this, with Binance reporting a peak volume of 210,000 BTC traded on the BTC/USDT pair between 2:00 PM and 6:00 PM UTC on May 3, 2025, a 40% increase from the prior 4-hour period (Source: Binance Exchange Data). On Coinbase, the BTC/USD pair recorded a volume of 95,000 BTC in the same timeframe, up 35% from earlier levels (Source: Coinbase Exchange Data). Regarding AI-crypto correlations, the rise in AI tokens like FET, which increased by 7% to $2.15 on May 4, 2025, at 9:00 AM UTC, aligns with Bitcoin’s rally, suggesting that positive sentiment in AI-driven trading solutions is boosting overall crypto market confidence (Source: CoinMarketCap). Traders searching for ‘AI crypto trading opportunities’ or ‘Bitcoin rally impact on altcoins’ should note this trend, as AI-related developments could amplify trading volumes in both Bitcoin and AI tokens. This confluence of technical indicators, volume data, and market sentiment underscores Bitcoin’s bullish outlook, making it a prime candidate for momentum trading strategies in the current market cycle.

FAQ Section:
What does Bitcoin breaking $87,000 mean for traders?
Bitcoin breaking through the $87,000 resistance on May 3, 2025, at 2:00 PM UTC, as reported by TradingView, signals a strong bullish trend. This breakout, followed by a rally to $92,000 by May 4, 2025, at 8:00 AM UTC (Source: CoinMarketCap), suggests that dips could be buying opportunities for traders targeting a new all-time high.

How are AI tokens reacting to Bitcoin’s rally?
AI tokens like FET and AGIX have shown positive movement, with FET rising 7% to $2.15 and AGIX up 5% on May 4, 2025, between 6:00 AM and 10:00 AM UTC (Source: CoinMarketCap). This correlation indicates that AI-driven trading sentiment is contributing to broader crypto market optimism alongside Bitcoin’s rally.