Bitcoin (BTC) enters the second week of May trading in a fragile but critical zone, with conflicting technical signals and growing macro uncertainty shaping short-term expectations. While the ADX from the Directional Movement Index is rising, bearish pressure still dominates, and momentum remains weak across multiple indicators. Although the price continues to hold above the $92,900 support level, weakening EMAs and the looming FOMC meeting leave Bitcoin’s $100,000 recovery path uncertain, but not out of reach. BTC Trend Strength Rises, but Bears Still in Control Bitcoin’s Directional Movement Index (DMI) is showing a notable shift
source: https://beincrypto.com/bitcoin-btc-bullish-trend-builds-ahead-of-fomc/