#ShareYourThoughtOnBTC
As of May 4, 2025, Bitcoin (BTC) is trading at approximately $95,629, reflecting a slight dip of about 0.7% over the past 24 hours. Despite this minor pullback, Bitcoin has experienced a significant rebound from its April low of around $74,000, marking a 28% gain.
đ Market Overview
Current Price: ~$95,629
24-Hour Change: -0.7%
Market Cap: Approximately $1.9 trillion
24-Hour Trading Volume: Around $15.85 billion
Circulating Supply: ~19.86 million BTC
All-Time High: $108,000 (December 2024)
đ§ Market Sentiment & Institutional Activity
The current market sentiment is cautiously bullish. Institutional interest continues to grow, with entities like Brown University investing in Bitcoin through BlackRock's ETF . Additionally, companies like MicroStrategy have significantly increased their Bitcoin holdings, now totaling over 550,000 BTC, signaling strong institutional confidence .
đŽ Price Predictions & Outlook
Short-Term: Analysts suggest that Bitcoin may test the $100,000 resistance level in the near future, with support around $92,000 .
Mid to Long-Term: Forecasts vary, with some predicting Bitcoin could reach $200,000 by the end of 2025, driven by institutional adoption and macroeconomic factors .
â ď¸ Risks & Considerations
While the outlook is positive, investors should remain cautious. Historical trends indicate that May can be a volatile month for Bitcoin, often experiencing pullbacks . Additionally, a recent $2 billion drop in open interest suggests potential for further price corrections .$BTC
