The evolution of Bitcoin over the past five days has been marked by significant fluctuations. The price of the virtual currency has experienced several peaks and troughs, influenced by various market factors. Here is a detailed analysis of these fluctuations.
## Evolution of Bitcoin Price
### Recent Fluctuations
- **High Price on May 21:** Bitcoin reached a high price on May 21, 2025, exceeding $107,000, which is less than 2% of the all-time high set in January 2025. This increase was supported by strong investor confidence and growing interest from financial institutions, particularly due to the influx of funds into Bitcoin ETFs.
- **Current Fluctuations:** More recently, the price has slightly decreased, reaching around €96,066 on May 24, 2025, which is a drop of 0.54% compared to the previous day.
- **Long-Term Outlook:** Forecasts suggest that the price of Bitcoin could continue to rise towards higher levels, with estimates going up to $130,000.
## Factors Influencing the Price
- **Institutional and Political:** The increasing interest from institutional investors, as well as political initiatives like the creation of a strategic Bitcoin reserve, have contributed to strengthening confidence in the long-term value of Bitcoin.
- **ETF Market:** The impact of Bitcoin ETFs, which have attracted significant capital inflows, has also played a crucial role in price dynamics.
## Future Forecasts
Forecasts for May 2025 suggest that the price of Bitcoin could fluctuate between approximately $107,000 and $115,000, with higher estimates for the following months, potentially reaching levels close to $130,000. However, forecasts for July 2025 indicate a possible retreat towards lower levels, with an expected average around 99,333.95 $BTC