Against the backdrop of sustained investor interest and high volatility in the cryptocurrency market, Bitcoin (BTC) continues to attract attention from both retail and institutional players. As of May 3, 2025, BTC is trading around the $96,000 mark, and forecasts for the next 24 hours give reasons for both cautious optimism and vigilance.
Current market situation
Bitcoin has shown signs of stability in recent days, holding above the $95,000 level. The 'Fear and Greed' index is at 65 — this is the 'greed' zone, indicating a positive sentiment among investors. The market is influenced by macroeconomic factors, including U.S. inflation data, interest rate expectations, and ETF fund activity.
Forecasts for May 4, 2025
Different sources provide similar but not identical estimates:
Changelly forecasts BTC growth to $106,500, indicating strong technical support and high buyer activity.
CoinCodex expects a more moderate increase to $97,000, with a possible correction within the week.
Binance maintains a conservative forecast, suggesting the price will remain around $96,400.
At the same time, InvestingHaven warns of a possible drop to $89,300 if bearish sentiment intensifies.
Factors influencing the price
1. Activity of institutional investors. Flows into cryptocurrency ETFs continue to grow, especially in the USA.
2. Geopolitical and macroeconomic events. Federal Reserve meetings, economic statistics, and political instability may have an impact.
3. Technical analysis. Most indicators, such as RSI and MACD, point to a 'bullish' direction.
Medium- and long-term expectations
Standard Chartered expects growth to $120,000 by the end of the year.
VanEck and Bitwise estimate BTC's potential at $180,000–$200,000 if the trend continues.
Analysts' optimism is supported by expectations of reduced issuance (the halving already took place in April) and further adoption of BTC as a store of value.
Conclusion
On May 4, 2025, Bitcoin is likely to show either stability or moderate growth. Despite the risks of short-term correction, long-term expectations remain positive. Investors should monitor news, trading volumes, and technical support/resistance levels.