$BTC Bitcoin stabilizes at $96K — what's next?

As of May 3, 2025, Bitcoin (BTC) is trading in the range of $96,350–$97,180, showing a slight decrease of 0.31% over the past 24 hours.

Despite short-term weakness caused by technical factors, long-term prospects remain positive. Analysts predict that if institutional demand and positive macroeconomic conditions are maintained, the price of BTC could reach $112,000–$122,000 by the end of May.

The key support levels at the moment are $93,000 and $83,000, which may serve as a foundation for further growth.

Institutional activity, particularly significant investments from BlackRock, continues to support the market. For example, BlackRock recently acquired bitcoins worth $675 million, contributing to the price increase.

Overall, while short-term fluctuations are possible, fundamental factors indicate the potential for further growth of BTC.