#MarketPullback Bitcoin started the new working week with a decline. The weakness of the cryptocurrency has become a topic of discussion in the crypto community regarding the prospects of its future price movement.

The BeInCrypto editorial team has gathered in one overview the forecasts of investors, as well as the arguments in favor of their viewpoints.

What is happening with Bitcoin

Bitcoin set a local maximum on May 2, 2025, at the level of $97,877. Contrary to investors' expectations, the cryptocurrency has not been able to break through $100,000 again. After updating the local maximum, the coin began a correction, which continued into the beginning of the new working week. At the time of writing this overview, Bitcoin is trading at $94,388, which is 13% lower than the absolute maximum of $109,114.