Bitcoin is back in the spotlight. Now, in May 2025, its price hovers around $97,000, and many wonder: will it reach $100,000, $200,000, or even $1,000,000? Let's explore what is happening in the cryptocurrency market and what forecasts experts are giving.
Current market situation
At the time of writing, Bitcoin is trading around $97,000, which is a significant increase compared to the April lows. This rise is linked to news about a possible launch of cryptocurrency trading on the E*Trade platform by Morgan Stanley and plans by Strategy (formerly MicroStrategy) to acquire more Bitcoins.
Future forecasts
Bitcoin price forecasts vary widely:
• Binance suggests that by 2030, the price of Bitcoin could reach $123,720.
• CoinDCX expects that by the end of 2025, the price may fluctuate between $105,000 and $115,000.
• ARK Invest in its report “Big Ideas 2025” predicts that by 2030, the price of Bitcoin could range from $300,000 to $1,500,000 depending on the scenario.
• Changpeng Zhao (CZ), former CEO of Binance, believes that in this cycle, the price could reach between $500,000 and $1,000,000.
However, as history shows, such forecasts rarely come true in the short term.
Factors affecting the price
Several factors may influence the further movement of Bitcoin's price:
• Macroeconomic policy: Decisions by the U.S. Federal Reserve, especially in light of the recent 0.3% GDP contraction in the first quarter of 2025, may impact the cryptocurrency market.
• Geopolitical instability: Trade wars, sanctions, and other international conflicts may increase demand for decentralized assets.
• Institutional investments: Increased interest from major financial institutions may lead to a price increase.
