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$BTC As of May 7, 2025, Bitcoin (BTC) is trading at approximately $96,897, reflecting a significant rebound from its April lows. This upward momentum is fueled by factors such as institutional interest, macroeconomic uncertainties, and Bitcoinâs perceived status as a hedge against inflation. ⸝ đŽ Bitcoin Price Predictions for 2025 Analysts and financial institutions have provided various forecasts for Bitcoinâs price trajectory in 2025: ⢠CoinCodex: Projects BTC could reach $121,243 by May 12, 2025, indicating a potential 24.86% increase within a week. ⢠Changelly: Predicts a rise to approximately $115,013.89 in May 2025, based on current market trends. ďżź ⢠Unchained: Foresees Bitcoin hitting $250,000 by the end of 2025, citing factors like institutional adoption and macroeconomic conditions. ďżź ⢠CoinDCX: Suggests BTC could trade around $110,000 by late 2025, with the potential to reach $200,000 under favorable market conditions. ďżź ⸝ đ Key Factors Influencing Bitcoinâs Price Several elements are contributing to Bitcoinâs bullish outlook: ⢠Institutional Adoption: Firms like Strategy (formerly MicroStrategy) have increased their Bitcoin holdings, signaling strong institutional confidence. ⢠Regulatory Developments: Easing regulations under the current U.S. administration have encouraged financial institutions to re-enter the crypto market. ďżź ⢠Market Sentiment: Technical analyses indicate bullish momentum, with key resistance levels at $100,000 and support around $92,000.
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