比特币（BTC）处于关键时刻，以$ 91,200的关键支持水平进行交易

分析师和交易员正在密切关注这个门槛，一些人预测，持有这一水平可能会使比特币达到年底的惊人$ 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.

根据Real Vision的Jamie Coutts的数据，世界领先的加密货币比特币（BTC）正在关键时刻进行交易，关键支持为91,200美元，并有可能按年底上涨至132,000美元。

A Critical Support Level

关键的支持水平

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.

比特币的价格已经汇总了约91,200美元，这是TradingView确定为主要支持区的水平，这是100小时简单的移动平均线（SMA）和最近的订单数据数据进一步加强了，显示出在此门槛处的大量投标墙。

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."

自比特币在4月下旬收回了90,000美元以来，该支持被多次测试，被视为正在进行的集会的关键。 X上的加密分析师阿里·马丁内斯（Ali Martinez）说：“ $ 91,200的水平至关重要。

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.

加密货币从4月初的低点升至74,475美元，在2025年5月1日达到97,000美元，然后返回到当前范围。技术指标描绘了看涨的图片：比特币在9天的SMA上方交易，相对强度指数（RSI）为70.46，接近超买的领土，但信号表明了强劲的动力。移动平均收敛差异（MACD）显示了看涨的交叉，每日图表上的上升三角模式表明，如果违反了97,000美元的阻力，则可能会突破100,000美元。

Bitcoin's Path to $132,000

比特币的$ 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美元的目标取决于比特币维持其91,200美元的支持并利用有利的市场条件。 Coutts将这种潜力归因于不断扩大的全球菲亚特货币供应（M2），该货币供应与比特币集会有关。他指出：“随着M2的增长，比特币作为对冲货币贬值的角色。”实际上，intotheblock数据显示，大量BTC钱包流入的激增，在过去的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，市场情绪受到了美国国债回购和弱势美元的猜测，Bitmex的联合创始人亚瑟·海斯（Arthur Hayes）以比特币的价格称为“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.

比特币最近从杯子和手柄图案中突破，以94,200美元的价格收回了100天的EMA，进一步支持了Bullish Case。像Coindcx这样的分析师认为，在未来几个月中，有史以来有史以来的109,000美元高价的重新测试，如果汇款等机构流动和采用持续，则可以触及132,000美元。

Risks and Downside Scenarios

风险和下行情况

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.

尽管是看涨的设置，但比特币在“技术真空吸尘器”中的地位没有立即支持91,200美元以下，直到89,000美元使其容易受到急剧下降的攻击。根据U.Today的数据，淡出低于$ 91,200的$ 91,200可能会触发至89,000美元的幻灯片，进一步的损失可能达到85,000美元。这款21周的SMA目前接近90,000美元，是另一个关键水平，因为未能持有它可能标志着集会的结束并引发更广泛的市场更正。

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.

宏观经济的不确定性带来额外的风险。特朗普总统的关税，包括全球10％的关税和125％对中国商品的关税，对通货膨胀和潜在衰退的担忧加剧，这可能会抑制对比特币等资产的风险胃口。美联储于2025年5月7日的利率决定，以及5月13日的消费者价格指数（CPI）发布将是关键的，其通货膨胀率高于预期的通货膨胀可能会触发抛售。 U.Today指出的交易量下降表明，即将出现突破或分解，增加了紧张局势。

Market Context and Sentiment

市场背景和情感

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.

在更广泛的加密市场复兴中，比特币的当前价格行动正在发展。尽管比特币的集会达到97,000美元，但总计市值在5月2日下降了1.4％，表明替补币的性能滞后和降温风险食欲。但是，5月2日，比特币的2.14％增至96,000美元，再加上其2025年低点增长了25％，重新点燃了投资者的利息，其中一些人认为它是对股票的对冲和美元疲软。