In early May 2025, Bitcoin is regaining momentum after a period of strong volatility. The price approached the $97,000 level, which is its highest price in over two months, suggesting that the market is starting to take a breath in preparation for a new upward phase.

Technical analyses indicate the possibility of breaking resistance at $100,000 soon, especially with the 'ascending triangle' pattern that has formed on the chart.

There are optimistic predictions for the price to move to levels between $120,000 and $200,000 by the end of 2025, based on ETF inflows and the impact of the upcoming halving.

The price of Bitcoin reached about $96,954 on May 2, 2025, after breaking the $95,000 barrier for the first time in over six weeks.

This rise came after gains of about 30% from the lowest levels in April, which were around $74,000.

ETF inflows recorded about $912 million, which helped push the price above $93,000 in late April.

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