#BTCPrediction Is $100K Within Reach?
As of May 7, 2025, Bitcoin (BTC) is trading at $96,920, reflecting a 2.9% increase today.
Market Highlights:
BTC has rebounded over 30% from April lows, nearing the psychological $100,000 mark.
Institutional interest is growing, with firms like Morgan Stanley exploring spot crypto trading. Investopedia+1Axios+1
Expert Predictions for 2025:
Standard Chartered anticipates BTC reaching $120,000 by summer and $200,000 by year-end.
H.C. Wainwright projects a price of $225,000 by the end of 2025.
CoinCodex forecasts BTC hitting $167,678 in August 2025. Bitcoin NewsInvestor's Business Dailycoincodex.com
Key Levels to Watch:
Resistance: $100,000 and $107,000
Support: $92,000 and $85,000 99Bitcoins+2Investopedia+2Watcher Guru+2
With increasing institutional adoption and favorable market conditions, BTC appears poised for significant growth.
#Bitcoin #CryptoForecast #BTC2025 #CryptoMarkets #InstitutionalAdoption