#MarketPullback On Monday, May 5, 2025, the price of Bitcoin (BTC) is currently trading around 94,300 US dollars, after recording a decline from its weekend high of about 97,000 dollars. This pullback is attributed to profit-taking by investors, resulting in temporary selling pressure in the market.

Forecasts for the coming hours

Forecasts indicate that Bitcoin could experience further short-term declines, with a price drop probability in the range of 92,000 to 93,500 dollars. However, it is expected that this decline will attract the attention of buyers, potentially leading to a price rebound. Technical analyses show divergent signals, with a potential bullish crossover between medium-term moving averages, supporting the possibility of a recovery in the upward trend.

Medium-term forecasts

Despite the current pullback, the overall outlook for Bitcoin remains positive. Some analyses predict that the price will reach 98,000 to 100,000 dollars over the next week, supported by an increase in trading volume and interest from institutional investors. Additionally, forecasts indicate that Bitcoin could reach 104,000 dollars by June 2025, with a possibility of exceeding 110,000 dollars in the following months, supported by growing institutional adoption and positive market developments.