#BTCPrediction

As of May 7, 2025, Bitcoin (BTC) is trading around $97,051, showing a growth of 3.25% over the last 24 hours. The daily trading range was from $93,587 to $97,513.

Current Situation

Bitcoin has stabilized above the key resistance level of $97,000, indicating a continuation of the upward trend. Technical indicators show a bullish sentiment: out of 17 indicators, 12 recommend buying, while only 2 suggest selling.

Short-Term Forecast

Short-term forecast: BTC is expected to reach $97,528 by the end of the week.

Medium-Term Forecast: Analysts expect growth to $104,342 in the coming days, which corresponds to an increase of 11.27%.

Long-Term Forecast: It is forecasted that by July 2025, the price could reach $118,200, and by August, $167,726, if the current trend continues.

Risk Factors

Today's decision by the U.S. Federal Reserve on interest rates may cause volatility in the cryptocurrency market. Additionally, upcoming trade negotiations between the U.S. and China may affect BTC dynamics.

Conclusion

Current technical and fundamental indicators suggest a bullish market sentiment.