$BTC As of May 3, 2025, Bitcoin (BTC) is trading around \$97,441, marking a 0.65% gain for the day. After rebounding strongly from April lows near \$74,000, BTC continues to show bullish momentum. Institutional interest remains a key driver, highlighted by BlackRock’s Bitcoin ETF posting a \$351.4 million inflow on May 2. Analysts forecast BTC could climb to between \$120,000 and \$210,000 this year, supported by growing institutional adoption and favorable market models. On the technical side, Bitcoin is forming an ascending triangle pattern on the 4-hour chart, hinting at a potential breakout. However, a drop below \$92,700 could signal a short-term correction. Overall, sentiment remains positive, with investor confidence and demand underpinning Bitcoin’s upward trajectory.