#BTCPrediction As of May 7, 2025, Bitcoin (BTC) is trading at approximately $96,904, reflecting a 3.39% increase over the past 24 hours . Analysts anticipate a potential rise to around $121,243 by May 12, indicating a 24.86% increase if current momentum persists .
Technical indicators suggest bullish momentum, with key resistance levels at $97,996, $99,167, and $101,447 . Support levels are noted at $94,545, $92,265, and $91,094.
Looking ahead, some forecasts predict Bitcoin could reach $250,000 by the end of 2025, driven by factors such as institutional adoption and macroeconomic trends . However, these projections are subject to market volatility and external economic factors.
In the near term, maintaining support above $94,000 is crucial for sustaining the bullish trend. Investors should monitor market developments and exercise caution, as cryptocurrency markets can be highly volatile.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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