$BTC As of May 7, 2025, the price of Bitcoin (BTC) fluctuates between $96,400 and $97,500. During the night, BTC reached $97,500, adding $3,500 in just a few hours, but later retraced to $96,600.

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📈 Current Situation

• BTC Price: around $96,600

• Trading Volume: $24.27 billion

• RSI Index: 66, indicating strong but controlled demand

• BTC Market Share: 33.11%

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🔮 Forecasts

• Short-Term Forecast: CoinCodex predicts BTC will rise to $97,592 on May 8 and to $102,522 on May 9.

• Medium-Term Forecast: Cryptorank.io expects BTC price to increase by 16.23% to $109,575 by June 5, 2025.

• Long-Term Forecast: Experts predict that by the end of 2025, BTC could reach $200,000, and by 2030 — $1 million, considering the growing institutional interest and limited supply.

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🏦 Macroeconomic Impact

Today's meeting of the United States Federal Reserve (FOMC) is attracting investors' attention. Expectations for a potential rate cut are fueling BTC's rise as traders open long positions ahead of the announcement of the decision.

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