Bitcoin Price Prediction: BTC Breaks $96K – What's Next?
As of May 7, 2025, Bitcoin (BTC) is trading at approximately $96,997, marking a 3.4% daily gain. This surge comes amid growing institutional adoption and optimism surrounding upcoming crypto regulation clarity in the U.S.
BTC has shown resilience, rebounding from recent lows around $93,500 and inching closer to the psychological $100,000 level. Analysts now forecast that BTC could breach $100K in the coming weeks if macroeconomic conditions remain favorable and ETF inflows continue to rise.
Short-Term Outlook: If bullish momentum holds, Bitcoin may test resistance at $98,000, with support solidifying near $95,000.
Mid to Long-Term Projections: By mid-2025, predictions range from $112,000 (Changelly) to over $130,000, with some experts eyeing $250,000 by year-end under bullish scenarios.
Bitcoin’s next major moves will likely hinge on global monetary policy, investor sentiment, and regulatory developments.
