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According to Deep Tide TechFlow news on May 4, multiple well-known traders have expressed their views on the recent trends of Bitcoin, as reported by Cointelegraph. Trader TheKingfisher pointed out that there is a dense Long Position in the $95,700-$96,000 range, while a large number of short orders are concentrated in the $96,500-$97,000 range. These price levels may become price magnetic points, and significant Fluctuation is expected. Analyst Michaël van de Poppe believes that as long as Bitcoin remains above $91,500-$92,000, it is still likely to set a new high. He also warns that the Crypto Assets market often experiences a pullback before The Federal Reserve (FED) meetings, and it is expected to rebound after hitting the bottom on Tuesday.

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