#BTCPrediction š **#BTCPrediction: Bitcoinās Bullish Trajectory & Key Levels to Watch** š
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** . Binanceās founder **CZ** predicts a long-term target of **$500Kā$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 Hampshireās āStrategic Bitcoin Reserveā bill highlights growing state-level adoption .
ā ļø **Caution**: A whaleās **$127.7M short position** (liquidation at $103Kā$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 agileāBTCās journey is just heating up! š„