Price Predictions (This Week)

CoinCodex projects a bullish trend, anticipating BTC to reach up to $133,137 by May 30, 2025, marking a potential 23.6% increase from current levels.

CoinCodex

Binance provides a more conservative estimate, suggesting a modest rise to around $108,111 by May 31, 2025.

Coindcx predicts BTC trading between $110,000 and $115,000 this week, with a bullish scenario pushing prices higher if momentum continues.

CoinDCX

Factors Influencing Bitcoin's Price

Several key developments are impacting Bitcoin's market dynamics:

Institutional Adoption: Major financial institutions, including JPMorgan Chase, are increasing their involvement in Bitcoin, enhancing its legitimacy and demand.

Investopedia

Regulatory Environment: The U.S. government's establishment of a Strategic Bitcoin Reserve and President Trump's pro-crypto stance have bolstered investor confidence.

Business Insider

Technical Indicators: Analysts note patterns such as the "golden cross," where the 50-day moving average crosses above the 200-day moving average, indicating potential continued upward momentum.

Investopedia