Bitcoin price predictions for May 2025 indicate a possibility of volatility. According to technical analysis, the price of Bitcoin is moving in a short-term downward trend channel, which could lead to a price drop to $60,766. However, analysts believe that this bearish pattern may present an investment opportunity, as the upward trend remains technically intact in the medium to long term.
Bitcoin price forecasts:
- Short term: bearish, with a potential drop in price to $60,000
- Medium term: bullish, with a potential price increase to $80,000 by year-end
- Long term: bullish, with a potential for price to exceed $100,000 in the next five years
Technical indicators:
- Ahr999 indicator: indicates that BTC is currently in an unadvisable investment range
- Bitcoin Rainbow Chart: indicates the potential for a long-term price increase to $150,000
- Upper indicator of the PI cycle: indicates no short-term bubble
Institutional forecasts:
- JP Morgan: expects Bitcoin price to drop to $45,000 due to overbought conditions
- VanEck Fund: expects Bitcoin price to rise above $69,000 ¹
The current price of Bitcoin is $94,608.69, with a 1.35% increase over the past day ².
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