#BTC☀
As of May 3, 2025, Bitcoin (BTC) is trading at approximately $96,639, reflecting a slight decline of 0.21% for the day.
Analysts are observing a bullish trend for BTC in early May. Projections suggest that if Bitcoin surpasses the $97,500 resistance level, it could approach the $100,000 mark in the coming days. Conversely, a pullback to the $91,000–$92,000 range might occur before any further upward movement.
Looking ahead, forecasts indicate that Bitcoin could reach around $112,800 by June 1, 2025, representing a potential 16% increase from current levels. However, it's important to note that some models predict a possible dip to approximately $89,348 in the near term, highlighting the inherent volatility in the market.
In summary, while the overall sentiment for Bitcoin remains positive, short-term fluctuations are expected. Investors should stay informed and consider market dynamics when making decisions.
