#BTC
Bitcoin is experiencing a significant bull run in 2025, with its price currently around $94,334.
After reaching a low of $74,000 in April, Bitcoin rebounded to $95,000 by mid-May—a 28% gain in a month—driven by technical momentum, institutional inflows, and on-chain indicators.
Analysts predict further growth, with Standard Chartered forecasting a rise to $120,000 in Q2 and potentially $200,000 by year-end. Other forecasts suggest a range between $120,000 and $200,000 for 2025.
Key factors fueling this bull run include:
Institutional adoption, bolstered by Bitcoin ETFs and corporate investments.
Bitcoin dominance at 64%, indicating a focus on BTC over other cryptocurrencies.
Technical indicators like the "golden cross" and strong support levels.