Bitcoin's next possible move analysis suggests a bullish trend. According to FXStreet, Bitcoin price is expected to head back to $100,000 after logging four straight weeks of gains. Currently, Bitcoin is trading around $99,747, with a 2.86% increase.
Key factors influencing Bitcoin's price:
- *Federal Reserve Decision*: The Fed's decision to hold interest rates steady could be bullish for Bitcoin, acknowledging rising risks of unemployment and inflation.
- *Institutional Adoption*: Growing institutional adoption, such as Binance founder CZ's prediction of Bitcoin reaching $500,000-$1 million, could drive prices up.
- *Market Trends*: Bitcoin's realized capitalization has reached $890 billion, with funds continuing to flow in, indicating growing investor confidence.
Short-term price predictions ¹:
- *May 9, 2025*: $99,701 (0.10% ROI)
- *May 10, 2025*: $104,545 (4.96% ROI)
- *May 11, 2025*: $109,389 (9.82% ROI)
- *May 12, 2025*: $115,884 (16.34% ROI)
- *May 13, 2025*: $122,648 (23.13% ROI)
Long-term price predictions:
- *June 2025*: $108,805 (13.10% ROI)
- *July 2025*: $120,534 (54.68% ROI)
- *August 2025*: $168,394 (81.07% ROI)
Keep in mind that cryptocurrency markets are highly volatile, and prices may fluctuate rapidly. These predictions are based on current trends and should not be considered investment advice.
