BITCOIN FORECAST FOR MAY 2025 — WHAT TO EXPECT FROM BTC
Historical observations show that traditionally May is not the best time for BTC. Over the past 14 years of observation, the cryptocurrency finished the month below the levels it was at in the early days 6 times.
At the same time, from the perspective of cyclicity theory, May opens up growth prospects for BTC. On average, it takes the cryptocurrency about 1.5 years to reach a cyclical peak after a halving. By this logic, BTC still has room for growth for several months.
Bitcoin forecast for May 2025
Many participants in the crypto community are confident in the growth prospects of Bitcoin. For example, analyst Doctor Profit holds a positive forecast. In his opinion, the nearest target for BTC is the $100,000 level. Judging by the chart that the analyst accompanied his post with, Bitcoin may reach the specified height by the beginning of May.
Some popular members of the crypto community are expecting explosive growth for BTC. For example, co-founder of SatoshiActFund Dennis Porter believes that Bitcoin is on its way to $250,000. His BTC forecast for May implies active growth in the cryptocurrency's rate.