$BTC

Bitcoin's Prospects for the Week (April 28 – May 4, 2025)

As of April 28, 2025, bitcoin is trading at around $95,000, showing an increase of over 25% from April's lows. This growth is supported by significant institutional investments in spot ETFs, which have attracted over $2.6 billion in the past week.

Technical indicators suggest potential further growth: a breakout above the resistance level at $88,800 has opened the path to the next target level around $95,900. If the current momentum is maintained, bitcoin could reach the psychological mark of $100,000 as early as this week.

Forecasts for the coming days are also optimistic: bitcoin's price is expected to rise to $117,529 by May 3, 2025.

However, investors should exercise caution: in the event of a correction, key support levels are $85,000 and $76,000. Overall, the situation is favorable, but it is essential to keep an eye on the market.

Always conduct your own research.