#BTCBreaksATH110K
#Btc As of May 22, 2025, Bitcoin (BTC) is trading at approximately $109,923, nearing its all-time high of $110,524. The recent surge is attributed to increased institutional interest, favorable U.S. regulatory developments, and bipartisan support for cryptocurrency initiatives.
Short-Term Outlook (May 2025): Analysts anticipate that Bitcoin could reach between $110,000 and $115,000 by the end of May, provided it maintains support above $108,000. On-chain analyst Willy Woo suggests that a decisive break above the current all-time high could propel BTC swiftly to $118,000. Prediction markets like Polymarket assign a 38% probability to Bitcoin closing May around $110,000.
Mid-to-Long-Term Projections (2025): Forecasts for Bitcoin's price by the end of 2025 vary:
Standard Chartered projects a rise to $120,000 in Q2, potentially reaching $200,000 by year-end.