Based on market dynamics over the past week, Bitcoin (BTC) continues to approach the $100,000 mark due to multiple favorable factors. As of May 7, 2025, the BTC price has risen to $96,400, mainly driven by the stimulus from the People's Bank of China lowering interest rates, continued inflow of institutional funds (such as a net inflow of $36.72 million into BlackRock's IBIT ETF in a single day), and expectations from Sino-U.S. economic and trade talks. Technical analysis shows that BTC has firmly established a support level at $95,000, and if it breaks through the resistance at $97,000, it will directly challenge $100,000. In terms of market sentiment, the open interest in Bitcoin options betting on $100,000 has surged, and on-chain data (MVRV indicator returning to a healthy range) also supports the bullish logic.
A breakthrough is expected under the following two scenarios:
1. **Short-term breakthrough (May 8-10)**: If tonight's Federal Reserve interest rate decision signals a dovish stance (such as suggesting a rate cut in June), it could trigger a short squeeze, propelling BTC to break through quickly.
2. **Mid-term breakthrough (before mid-May)**: If Sino-U.S. talks ease trade tensions, coupled with continued ETF inflows (such as over $3 billion inflow into BlackRock in a week), BTC may achieve a breakthrough before mid-May.
Be cautious of short-term pullback risks; if it falls below the $93,000 support, it may retrace to the $89,000 area. Overall, under the resonance of multiple positive factors, the probability of Bitcoin breaking through $100,000 is high, potentially occurring as early as this week. #比特币预测