$BTC

📊 Overview of BTC on May 2, 2025

1. Key Indicators:

• Current Price: $96,921.00

• 24-Hour Trading Volume: $30.66 billion

• Market Capitalization: $1.92 trillion

• Circulating Supply: 19,859,015 BTC

• Maximum Supply: 21,000,000 BTC  

2. Price Dynamics:

• Daily High: $97,360.00

• Daily Low: $95,925.00

• Change Over 24 Hours: +0.66%

3. Forecast and Analysis:

Bitcoin continues to show growth, approaching the psychological barrier of $100,000. Institutional interest, particularly from companies like MicroStrategy, which plans to purchase BTC worth $84 billion, supports a positive market sentiment.  

4. Standard Chartered Forecast:

Standard Chartered Bank has updated its forecast, expecting the price of BTC to reach $120,000 by the end of the second quarter of 2025 and $200,000 by the end of the year. The main growth factors are the declining trust in U.S. assets and the growing interest in cryptocurrencies. 

5. Technical Analysis:

A “reverse head and shoulders” pattern is forming on the weekly chart, which is traditionally considered a signal for growth. This may indicate a potential continuation of the bullish trend.