According to Michaël van de Poppe (@CryptoMichNL) on Twitter, Bitcoin is exhibiting a positive technical build-up, indicating the formation of strong support levels. The chart shared highlights sustained accumulation phases and higher lows, which are typically interpreted as bullish indicators for traders. This trend provides favorable conditions for potential breakout trades and risk-managed long positions, as traders often seek periods of consolidation and support strength before entering the market (source: @CryptoMichNL, May 5, 2025).

According to Mihir (@RhythmicAnalyst), Bitcoin Cash (BCH) began a recovery in mid-2023, and the recent price correction halted at a significant support level. This technical movement suggests a potential continuation of BCH's recovery, providing traders with a bullish outlook based on current price action.