Bitcoin in May 2025: Is it on the way to $100,000?
Bitcoin (BTC) has shown solid performance in recent weeks, currently trading around $96,700.
Analysts at Standard Chartered project that BTC could reach $120,000 in the second quarter of the year, driven by factors such as increasing institutional adoption and favorable economic policies.
Additionally, Morgan Stanley's recent decision to introduce spot cryptocurrency trading on its E*Trade platform has generated renewed interest in the asset, which could translate into a significant increase in its value in the coming months.
From a technical perspective, BTC has surpassed key patterns, and indicators suggest upward momentum that could lead it to new all-time highs in the coming months.
Do you think Bitcoin will reach $100,000 before mid-year?