On May 24, 2025, the price of Bitcoin (BTC) is predicted to fluctuate around 109,796 USD according to data from Binance. Currently, on May 23, 2025, the price of BTC is around 110,616 USD, after reaching a new historical peak above 111,000 USD earlier this week.
Binance
Finance Magnates
Short-term trend
According to technical analysis, Bitcoin is facing strong resistance at the 112,000 USD level, with indicators such as RSI and MACD showing that the upward momentum is slowing down. If it cannot maintain support levels around 109,200–108,300 USD, BTC may experience a slight correction in the short term.
CryptoRank
Cryptonews
Long-term forecast
Many experts and financial institutions remain optimistic about Bitcoin's outlook in 2025:
Anthony Scaramucci predicts BTC could reach 180,000–200,000 USD by the end of the year.
Investopedia
+7
The Australian
+7
Finance Magnates
+7
Unchained presents a scenario where BTC reaches 250,000 USD this year and 1 million USD by 2030.
Finance Magnates
Standard Chartered and ARK Invest also expect BTC to hit 200,000 USD if ETF capital flows remain strong and supply tightens.
Finance Magnates
Conclusion
In the short term, the price of Bitcoin on May 24, 2025, is predicted to fluctuate around 109,000–111,000 USD, with a slight correction possible if it does not surpass the resistance level of 112,000 USD. However, the long-term outlook remains positive due to increasing interest from financial institutions, favorable regulatory policies, and demand for long-term investment.
