$BTC As of May 8, 2025, Bitcoin (BTC) is trading at approximately $99,173, showing an increase of 2.65% in the last 24 hours.
⸻
📊 Current Market Situation
• Current BTC Price: $99,173
• Daily Range: from $95,959 to $99,835
• Market Capitalization: over $1.96 trillion
• Cryptocurrency Market Dominance: 67%
Bitcoin continues to hold above the key support level of $95,000, indicating a strong bullish trend. It is currently trading above the 20-day exponential moving average ($93,091), confirming a positive market structure.
⸻
🔮 Predictions for 2025
Analysts predict further price increases for Bitcoin:
• Changelly: forecasts an average price of $132,545 by the end of 2025, with a potential peak of $116,364.
• Unchained: expects growth to $250,000 by the end of 2025, citing limited supply and increasing institutional interest.
⸻
📈 Key Levels to Watch
• Support: $94,000 and $92,500
• Resistance: $98,500 and psychological level of $100,000
⸻
If you are interested in a more detailed analysis or information about other cryptocurrencies such as Ethereum (ETH), Solana (SOL), or XRP, let me know — I would be happy to help!