比特幣（BTC）處於關鍵時刻，以$ 91,200的關鍵支持水平進行交易

分析師和交易員正在密切關注這個門檻，一些人預測，持有這一水平可能會使比特幣達到年底的驚人$ 132,000

World's leading cryptocurrency, Bitcoin (BTC), is trading at a pivotal moment, with critical support at $91,200 and a potential to rise to $132,000 by year-end, according to Real Vision's Jamie Coutts.

根據Real Vision的Jamie Coutts的數據，世界領先的加密貨幣比特幣（BTC）正在關鍵時刻進行交易，關鍵支持為91,200美元，並有可能按年底上漲至132,000美元。

A Critical Support Level

關鍵的支持水平

Bitcoin's price has been consolidating around $91,200, a level identified by TradingView as a major support zone, further reinforced by the 100-hour Simple Moving Average (SMA) and recent order book data showing significant bid walls at this threshold.

比特幣的價格已經匯總了約91,200美元，這是TradingView確定為主要支持區的水平，這是100小時簡單的移動平均線（SMA）和最近的訂單數據數據進一步加強了，顯示出在此門檻處的大量投標牆。

This support, tested multiple times since Bitcoin reclaimed $90,000 in late April, is seen as a linchpin for the ongoing rally. "The $91,200 level is crucial," said crypto analyst Ali Martinez on X. "Holding here validates bullish momentum, but a break below could see BTC slide to $89,000 or lower."

自比特幣在4月下旬收回了90,000美元以來，該支持被多次測試，被視為正在進行的集會的關鍵。 X上的加密分析師阿里·馬丁內斯（Ali Martinez）說：“ $ 91,200的水平至關重要。

The cryptocurrency surged 30% from its early April low of $74,475, reaching a high of $97,000 on May 1, 2025, before pulling back to the current range. Technical indicators paint a bullish picture: Bitcoin is trading above the 9-day SMA, with the Relative Strength Index (RSI) at 70.46, nearing overbought territory but signaling strong momentum. The Moving Average Convergence Divergence (MACD) shows a bullish crossover, and an ascending triangle pattern on daily charts suggests a potential breakout toward $100,000 if resistance at $97,000 is breached.

加密貨幣從4月初的低點升至74,475美元，在2025年5月1日達到97,000美元，然後返回到當前範圍。技術指標描繪了看漲的圖片：比特幣在9天的SMA上方交易，相對強度指數（RSI）為70.46，接近超買的領土，但信號表明了強勁的動力。移動平均收斂差異（MACD）顯示了看漲的交叉，每日圖表上的上升三角模式表明，如果違反了97,000美元的阻力，則可能會突破100,000美元。

Bitcoin's Path to $132,000

比特幣的$ 132,000的道路

The $132,000 target, mentioned by Coutts, depends on Bitcoin maintaining its $91,200 support and capitalizing on favorable market conditions. Coutts attributes this potential to an expanding global fiat money supply (M2), which has historically correlated with Bitcoin rallies. "As M2 grows, Bitcoin's role as a hedge against currency debasement strengthens," he noted, highlighting institutional buying as a key driver. Indeed, IntoTheBlock data reveals a surge in large BTC wallet inflows, with addresses holding 1,000–10,000 BTC increasing their positions over the past 90 days.

Coutts提到的132,000美元的目標取決於比特幣維持其91,200美元的支持並利用有利的市場條件。 Coutts將這種潛力歸因於不斷擴大的全球菲亞特貨幣供應（M2），該貨幣供應與比特幣集會有關。他指出：“隨著M2的增長，比特幣作為對沖貨幣貶值的角色。”實際上，intotheblock數據顯示，大量BTC錢包流入的激增，在過去的90天中，持有1,000–10,000 BTC的地址增加了其位置。

Moreover, market sentiment is buoyed by speculation around U.S. Treasury buybacks and a weakening dollar, which Arthur Hayes, co-founder of BitMEX, called a "bazooka" for Bitcoin's price.

此外，市場情緒受到了美國國債回購和弱勢美元的猜測，Bitmex的聯合創始人亞瑟·海斯（Arthur Hayes）以比特幣的價格稱為“火箭筒”。

Bitcoin's recent breakout from a cup-and-handle pattern, reclaiming the 100-day EMA at $94,200, further supports the bullish case. Analysts like those at CoinDCX see a retest of the all-time high of $109,000 as plausible in the coming months, with $132,000 within reach if institutional flows and adoption in sectors like remittances continue.

比特幣最近從杯子和手柄圖案中突破，以94,200美元的價格收回了100天的EMA，進一步支持了Bullish Case。像Coindcx這樣的分析師認為，在未來幾個月中，有史以來有史以來的109,000美元高價的重新測試，如果匯款等機構流動和採用持續，則可以觸及132,000美元。

Risks and Downside Scenarios

風險和下行情況

Despite the bullish setup, Bitcoin's position in a "technical vacuum" with no immediate support below $91,200 until $89,000 makes it vulnerable to sharp declines. A breakdown below $91,200 could trigger a slide to $89,000, with further losses potentially reaching $85,000, according to U.Today. The 21-week SMA, currently near $90,000, is another critical level to watch, as a failure to hold it could signal the end of the rally and spark a broader market correction.

儘管是看漲的設置，但比特幣在“技術真空吸塵器”中的地位沒有立即支持91,200美元以下，直到89,000美元使其容易受到急劇下降的攻擊。根據U.Today的數據，淡出低於$ 91,200的$ 91,200可能會觸發至89,000美元的幻燈片，進一步的損失可能達到85,000美元。這款21週的SMA目前接近90,000美元，是另一個關鍵水平，因為未能持有它可能標誌著集會的結束並引發更廣泛的市場更正。

Macroeconomic uncertainties pose additional risks. President Trump's tariffs, including a 10% global tariff and 125% duties on Chinese goods, have heightened fears of inflation and a potential recession, which could dampen risk appetite for assets like Bitcoin. The Federal Reserve's interest rate decision on May 7, 2025, and the Consumer Price Index (CPI) release on May 13 will be pivotal, with higher-than-expected inflation potentially triggering a sell-off. Declining trading volume, noted by U.Today, suggests that a breakout or breakdown is imminent, adding to the tension.

宏觀經濟的不確定性帶來額外的風險。特朗普總統的關稅，包括全球10％的關稅和125％對中國商品的關稅，對通貨膨脹和潛在衰退的擔憂加劇，這可能會抑制對比特幣等資產的風險胃口。美聯儲於2025年5月7日的利率決定，以及5月13日的消費者價格指數（CPI）發布將是關鍵的，其通貨膨脹率高於預期的通貨膨脹可能會觸發拋售。 U.Today指出的交易量下降表明，即將出現突破或分解，增加了緊張局勢。

Market Context and Sentiment

市場背景和情感

Bitcoin's current price action is unfolding amid a broader crypto market resurgence. The aggregate market cap dipped 1.4% on May 2 despite Bitcoin's rally to $97,000, indicating lagging altcoin performance and a cooling risk appetite. However, Bitcoin's 2.14% gain to $96,000 on May 2, coupled with a 25% rise from its 2025 low, has rekindled investor interest, with some viewing it as a hedge against volatile stocks and a weakening dollar.

在更廣泛的加密市場復興中，比特幣的當前價格行動正在發展。儘管比特幣的集會達到97,000美元，但總計市值在5月2日下降了1.4％，表明替補幣的性能滯後和降溫風險食慾。但是，5月2日，比特幣的2.14％增至96,000美元，再加上其2025年低點增長了25％，重新點燃了投資者的利息，其中一些人認為它是對股票的對沖和美元疲軟。