$BTC

Bitcoin ($BTC) is exhibiting strong bullish momentum this week, trading around $96,560 as of May 3, 2025. Analysts anticipate a potential rise toward the $100,000 mark, driven by increased institutional adoption, ETF inflows, and positive market sentiment.

Technical indicators suggest key support levels at $92,000 and $85,000, with resistance near $100,000 and $107,000. While some forecasts project a 16% increase, reaching approximately $112,800 by June 1, others offer a more conservative outlook, estimating a 5% rise to about $96,934 over the next 30 days.

Given the current market dynamics, Bitcoin appears poised for further growth. However, investors should remain vigilant, monitoring market trends and potential volatility. As always, conduct thorough research and consider risk management strategies when making investment decisions.