Bitcoin Price Prediction: 1-Week Outlook (May 3 – May 10, 2025)

As of May 3, Bitcoin (BTC) is trading just below $97,000, showing strong bullish momentum fueled by institutional inflows and growing ETF interest. Here’s what to expect over the next 7 days:

Key Factors Influencing BTC Price:

Institutional Demand: Ongoing inflows into Bitcoin ETFs, especially from firms like BlackRock, suggest sustained buying pressure.

Technical Support: BTC is holding above a key support zone near $95,000; this acts as a springboard for potential upward moves.

Market Sentiment: Fear & Greed Index is leaning toward greed, signaling strong investor confidence.

Short-Term Price Prediction:

Bullish Scenario: If BTC breaks above $98,500 with strong volume, a test of the $100,000 psychological level is highly likely.

Bearish Scenario: Failure to hold above $95,000 could result in a short-term correction toward $92,000 – $93,500.

Expected Range (May 3–10):

Low: $92,000

High: $100,500

Target Zone: $97,500 – $99,800

Outlook: Bullish bias remains intact unless a major macro event disrupts sentiment. Traders should watch for volume spikes and ETF inflow data mid-week.

#BTC #StablecoinPayments #cryptouniverseofficial #BinanceSquareTalks