As of early May 2025, the price of Bitcoin (BTC) remains stable above $96,000, benefiting from continued buying by institutional investors and favorable macroeconomic policies. Morgan Stanley plans to launch retail crypto trading services, and Strategy Company plans to expand its Bitcoin holdings to 553,555 coins, indicating growing confidence from institutions in Bitcoin.

From a technical analysis perspective, BTC has broken through a descending channel, and is expected to challenge the $100,000 mark in the short term. However, considering the seasonal effect of 'Sell in May and go away,' investors should be wary of potential market corrections.

Overall, despite the risk of short-term volatility, the medium to long-term outlook for Bitcoin remains optimistic in the context of continued inflow of institutional funds and policy support.