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#USStablecoinBill As Markets Churned, Bitcoin Surged. Here's What Could Happen Next
Bitcoin's recent price movement shows a slight decline of 1.37% with a current price of $94,122.01. Despite this dip, experts predict a bullish trend in the coming months. Here's what could happen next:
Potential Price Movement
- Short-term prediction: Bitcoin might see a price range of $97,500 to $105,000 by the end of May, with a potential surge toward new all-time highs.
- Long-term prediction: Analysts forecast Bitcoin's price to reach between $150,000 and $200,000 by 2025, driven by increased adoption, ETF-related demand, and whale wallet accumulation
Key Factors Influencing Price
- Macroeconomic conditions: Global economic stability and regulatory support will play a significant role in shaping Bitcoin's price.
- Institutional adoption: Increased investment from institutions and corporations could drive up demand and prices.
- Technical analysis: Bitcoin's chart patterns indicate a bullish trend, with potential support levels at $77,600 to $84,440 .
Expert Predictions
- Pantera Capital: Predicts Bitcoin's price to reach $148,000.
- Galaxy Digital: Forecasts a price target of $150,000.
- Matrixport: Suggests a potential drop to $45,000 before a bullish trend to $125,000
#MarketPullback g
