#BTCPrediction 🚀 **#BTCPrediction: Bitcoin’s Bullish Trajectory & Key Levels to Watch** 🚀
Bitcoin (#BTC) is trading at **$96.4K** (as of May 7, 2025), with analysts forecasting a surge to **$111K+ in June** and **$138K by August** . Binance’s founder **CZ** predicts a long-term target of **$500K–$1M** this cycle, driven by institutional adoption, ETFs, and regulatory shifts . Technical indicators like the **RSI (66.14)** and bullish **50-Day SMA ($87.6K)** signal strong momentum .
**Key Catalysts**:
- **ETF inflows**: U.S. Bitcoin ETFs are absorbing ~7% of BTC supply, with $15B+ net inflows .
- **Halving impact**: Post-2024 halving, BTC has risen **10.52%**, mirroring historical trends .
- **Institutional demand**: New Hampshire’s “Strategic Bitcoin Reserve” bill highlights growing state-level adoption .
⚠️ **Caution**: A whale’s **$127.7M short position** (liquidation at $103K–$104K) could trigger volatility .
**Verdict**: While short-term targets like **$168K in 2025** and **$200K by 2026** dominate, long-term forecasts stretch to **$1M+ by 2030** . Stay agile—BTC’s journey is just heating up! 🔥