$BTC As of May 16, 2025, Bitcoin (BTC) is trading at approximately $103,975, reflecting a 1.25% increase from the previous close. The cryptocurrency has experienced a 14% gain in April, nearing its all-time high of $105,500. Institutional interest remains strong, with entities like Abu Dhabi’s Mubadala increasing their holdings. Analysts predict potential short-term resistance around $99,900 due to profit-taking behaviors. Looking ahead, forecasts suggest Bitcoin could reach between $112,000 and $127,000 by late May, driven by bullish technical patterns and continued institutional adoption.
