#BTCtrade As of May 8, 2025, Bitcoin (BTC) is trading at approximately $99,807, approaching the significant $100,000 mark.

Analysts present a range of forecasts for BTC's performance in May 2025:

Short-Term Outlook: Some analysts anticipate BTC reaching between $98,000 and $105,000, contingent on maintaining support above $94,000 and breaking through resistance at $95,600.

Bullish Projections: Optimistic scenarios suggest BTC could climb to $110,000 or higher by the end of May, driven by institutional investments and positive market sentiment.

Long-Term Expectations: Looking further ahead, some forecasts predict BTC reaching $250,000 within the current market cycle, influenced by factors such as global liquidity and Bitcoin's role as a decentralized asset.

It's important to note that market conditions remain volatile, with factors like geopolitical events and regulatory decisions potentially impacting BTC's price trajectory.

If you're interested in more detailed technical analysis or specific investment strategies, feel free to ask.