As of May 8, 2025, Bitcoin ($BTC) is trading around $98,759, approaching the $100,000 mark. The surge is driven by institutional adoption, including Morgan Stanley’s crypto expansion, and favorable regulatory moves like crypto-friendly SEC appointments. Analysts predict BTC could reach $200,000 by year-end, with some projections as high as $326,000. Technically, Bitcoin shows bullish momentum, breaking resistance levels. However, investors should remain cautious due to potential market volatility, regulatory risks, and technical corrections. With support around $92,000 and resistance near $107,000, BTC remains a high-risk, high-reward asset that continues to dominate the cryptocurrency landscape in 2025.
