✅ Price prediction of Bitcoin (BTC ).
Current Price and Recent Performance:
👉 As of today, May 7, 2025, the live price of Bitcoin on Binance is around $96,310 to $97,318.
👉 Bitcoin has shown positive price changes in the last 24 hours, with increases ranging from approximately 0.53% to 2.98%.
👉Over a longer period, such as the last 30 days, BTC has seen a significant increase of around 24.99%.
Short-Term Price Predictions:
👉Binance provides daily price predictions for Bitcoin based on user input. These predictions suggest a potential increase of around 5% in the near term.
👉For tomorrow, May 8, 2025, predictions range from approximately $96,637 to $96,950.
👉 Looking at the next 30 days, the predicted price of Bitcoin is around $96,697 to $97,013.
Long-Term Price Predictions:
👉 For the end of 2025, some predictions suggest Bitcoin could reach a high of $160,000, with an average price around $120,000. Other estimates for 2025 place the price around $96,310 to $96,624.
👉Looking further ahead, by 2030, Bitcoin's price is predicted to potentially reach around $122,919 to $123,320.
Technical Analysis:
👉Technical indicators on Binance show that the 200-day moving average for Bitcoin is sloping upwards and is currently below the price, suggesting a strong upward trend.
👉 The Relative Strength Index (RSI) is currently in the neutral zone (30-70), indicating that the price is in a neutral trend.
Keep in mind that these are just predictions and the actual price of Bitcoin can fluctuate significantly. Always conduct your own research and exercise caution when making any investment decisions in the cryptocurrency market.
