🚀CURRENT MARKET ANALYSIS OF BTC🚀

As of May 8, 2025, Bitcoin (BTC) is trading at $98,881, reflecting a 2.51% increase from the previous close.

Analysts project significant growth for BTC in 2025. Bernstein's analyst forecasts a rise to $150,000 by year-end, citing $12 billion in spot Bitcoin ETF inflows and strong miner revenues post-halving. Other experts, including Tim Draper and Fundstrat's Tom Lee, anticipate BTC reaching $250,000, driven by increasing adoption and favorable regulations.

Technical indicators suggest a neutral outlook, with the Relative Strength Index (RSI) at 55.12, indicating balanced market sentiment. Key support levels are at $96,745 and $96,152, while resistance is noted at $98,988.

In summary, Bitcoin is poised for potential growth in 2025, contingent on continued institutional adoption and favorable market conditions.