$BTC

Bitcoin - Weekly Forecast (May 5–11, 2025)

The price of BTC is approaching $100,000, demonstrating a steady increase. The current price is around $97,000 (a two-month high).

Key levels:

Resistance: $100,000 and $107,000

Support: $92,000 and $85,000

Forecasts:

Traders Union: $98,092

Pricefore: $99,661 (+3.13%)

CryptoMoon: range $96,909 – $100,621

Influencing factors:

Morgan Stanley may launch spot crypto trading through E*Trade

MicroStrategy is preparing to buy BTC worth $21 billion

The capitalization of stablecoins has reached $220 billion

Bitcoin is viewed as a safe-haven asset amid macroeconomic instability

Conclusion:

BTC is expected to rise to $98,000–$100,000, but corrections are possible. Investors should consider volatility and manage risks.