#BTCBackto100K
Bitcoin Updates:
May 9, 2025,
Bitcoin ($BTC ) has reclaimed the $100,000 milestone, trading at approximately $103,027. This resurgence follows a 15% gain in April, driven by renewed investor confidence amid geopolitical shifts and institutional inflows.
🔮 Bitcoin 2025: Market Outlook
Analysts project a bullish trajectory for BTC throughout 2025:
Short-Term Resistance: $107,000–$110,000
Year-End Targets:
$120,000 (Standard Chartered)
$150,000 (Mark Yusko)
$250,000 (Tom Lee, Fundstrat)
$200,000 (Standard Chartered, Alliance Bernstein)
$275,000 (Joseph Raczynski, JT Consulting & Media)
$500,000 (Chamath Palihapitiya)
These forecasts are underpinned by factors such as the 2024 halving event, increasing institutional adoption, and potential regulatory clarity.
📈 Technical Analysis: Key Levels
Support: $100,000 (psychological and technical support)
Resistance: $107,000–$110,000
Overbought Indicator: Relative Strength Index (RSI) above 70 suggests potential short-term pullbacks.
💼 Investment Strategy: Buy, Profit, Stop-Loss
Buy Zone: $95,000–$100,000
Profit Targets:
Short-Term: $120,000
Mid-Term: $150,000
Long-Term: $200,000–$250,000
Stop-Loss: Set at $92,000 to mitigate downside risk.
