#ShareYourThoughtOnBTC $BTC

As of May 23, 2025, Bitcoin (BTC) is riding a bullish wave, with prices hovering around $104,000-$112,000, a significant jump from $82,000 in late March. This rally, fueled by strong market momentum, has pushed BTC past its previous all-time high, reflecting renewed investor confidence. Some sources project prices could hit $115,000-$131,000 by late May, driven by sustained buying pressure and positive technical indicators. However, recent posts on X highlight caution, noting bearish RSI divergence on shorter timeframes and high open interest near $105,000, suggesting a potential correction after a 10% surge last week. U.S. inflation data (CPI) is also driving volatility, with BTC retesting key support levels like the daily Fair Value Gap around $99,500.Market sentiment remains mixed: while BTC’s $2.07 trillion market cap underscores its dominance, altcoins lag significantly, dampening broader crypto enthusiasm. Long-term forecasts are bold, with some predicting $200,000-$250,000 by year-end, but short-term exhaustion could cap gains. Investors should watch for breakout signals above $112,000 or dips toward $99,500 for entry points. Despite volatility, BTC’s upward trend looks robust, supported by institutional interest and macro tailwinds. Stay sharp and trade wisely