According to Crypto Rover, Bitcoin's upward momentum is persisting, with the latest surge highlighting strong buying pressure and increased trading volumes (source: Crypto Rover on Twitter, May 9, 2025). This ongoing pump is attracting significant attention from both retail and institutional traders, driving liquidity and volatility across major cryptocurrency exchanges. Traders are closely monitoring resistance levels near recent highs, as sustained price action above these thresholds could signal further bullish trends. The current rally is also influencing altcoin markets, leading to broader market gains and heightened trading activity.

According to Crypto Rover, Bitcoin has experienced a significant breakout, as highlighted by recent chart patterns shared on Twitter on May 8, 2025 (source: @rovercrc). The price movement displays a clear breakout above resistance, suggesting increased bullish momentum and potential for further upward movement. Traders should monitor volume confirmation and key resistance levels for trade entries. This breakout may lead to higher volatility and attract both retail and institutional interest, impacting short-term and long-term trading strategies in the cryptocurrency market.

According to Crypto Rover, Bitcoin is only $800 away from reaching its all-time high, indicating strong bullish momentum in the cryptocurrency market (source: @rovercrc, May 8, 2025). This critical price zone is drawing increased attention from traders, as a breakout above the previous record could trigger significant buying activity and increased volatility. Market participants are closely monitoring order books and resistance levels as the price approaches this milestone, making it a pivotal moment for short-term and swing trading strategies.

According to Crypto Rover on Twitter, Bitcoin may be exhibiting deceptive price action that could trap traders in a potential bull trap scenario, as highlighted in his April 25, 2025 video analysis (source: @rovercrc). Crypto Rover advises traders to closely monitor resistance and support levels, emphasizing that recent price surges may not indicate sustained bullish momentum. He stresses the importance of using strict risk management and waiting for confirmed breakouts above key resistance before entering long positions. This insight is crucial for crypto traders seeking to avoid FOMO and potential losses during uncertain market conditions.

According to Crypto Rover, a new Bitcoin price surge is deemed inevitable as market momentum builds. The tweet highlights increasing bullish sentiment and potential catalysts driving Bitcoin's upward trajectory. Traders are advised to monitor key resistance levels and consider strategic entry points for potential gains. Source: Twitter.

According to Greeks.live, the market sentiment is cautiously bullish as traders are attentive to potential sell-the-news events surrounding Trump's inauguration. The $99k-$104k range is identified as crucial support, while $108k-$112k is noted as a key resistance zone. High volatility is anticipated until the reopening of US markets on Tuesday, with traders debating a potential pullback or breakthrough at the $108k level.