Bitcoin Price Outlook: What to Expect Next Week and Beyond (May 2025)
Bitcoin (BTC) has continued its upward trajectory, currently trading around $96,450, marking a 1.46% increase from the previous session. With an intraday high of $97,360 and a low of $94,959, market sentiment appears cautiously optimistic heading into the second week of May 2025.
Short-Term Forecast: May 5–11, 2025
Analysts are eyeing the $97,500 resistance level as a critical threshold for BTC in the coming days. A decisive breakout could see Bitcoin test the psychological $100,000 mark, potentially setting new all-time highs. However, should the price face rejection at this resistance, support levels around $91,000 to $92,000 may offer strategic entry points for traders.
Technical indicators reinforce this bullish sentiment. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest continued upward momentum. That said, a drop below $93,000 could indicate a short-term correction, possibly pushing prices down toward the $85,000 support zone.
Mid to Long-Term Projections: May–December 2025
Forecasts for Bitcoin’s trajectory later in the year vary widely based on differing market assumptions:
Conservative Estimates: BTC may remain in the $97,000 to $103,000 range through May, assuming stable macroeconomic conditions.
Moderate Bullish Scenarios: Price targets between $116,000 and $132,000 are being considered if institutional adoption and favorable sentiment continue.
Aggressive Projections: Some analysts believe Bitcoin could surge to $150,000–$210,000 by year’s end, citing factors such as ETF inflows, reduced supply, and increasing demand.
Key Factors to Watch
Several external factors could significantly impact Bitcoin's price movement:
Institutional Adoption: Ongoing inflows from spot Bitcoin ETFs and greater institutional involvement could act as major bullish catalysts.
Macroeconomic Environment: Global monetary policies, inflation trends, and geopolitical tensions will continue to shape investor behavior.