#BTCPrediction

Bitcoin's current price is $97,128.41, with a 2.65% increase from the previous close price. According to CoinCodex, Bitcoin is predicted to rise by 15.06% and reach $111,725 by June 6, 2025. Here's a breakdown of the prediction¹ ²:

- *Short-term predictions:*

- May 8, 2025: $98,071 (1.13% increase)

- May 9, 2025: $102,971 (6.18% increase)

- May 12, 2025: $121,243 (25.02% increase)

- *Long-term predictions:*

- 2025: $180,395 (86.01% potential ROI)

- 2026: $169,375 (74.65% potential ROI)

- 2029: $305,028 (214.53% potential ROI)

- 2030: $293,942 (203.10% potential ROI)

The current market sentiment is bullish, with 25 technical analysis indicators signaling bullish signals and 6 signaling bearish signals. The Fear & Greed Index shows 67 (Greed), indicating a neutral position. Bitcoin's 50-Day SMA is estimated to hit $110,639 by June 6, 2025, while the 200-Day SMA is expected to rise to $93,147.