🚀 Bitcoin exceeds $104K — a new impulse for the market?

As of May 11, 2025, Bitcoin is trading at approximately $104,682, showing steady growth after a recent breakthrough of the $100K mark. This jump coincided with the announcement of a trade deal between the USA and the UK, which boosted investor confidence in the cryptocurrency market.

📈 Analysts' forecasts:

• Standard Chartered believes that the previous forecast of $120K may be too conservative, considering the current market dynamics.

• CoinCodex predicts that in May, Bitcoin may reach an average price of $126,490, with a potential range of $105,580 to $137,262.

💡 What this means for investors:

• Altcoins: A decrease in BTC dominance may indicate growing interest in altcoins. It is worth paying attention to projects with strong fundamentals.

• Risk management: Despite positive trends, it is important to adhere to risk management strategies and not succumb to emotions.

• Long-term perspective: The current growth may be part of a broader bullish trend, but short-term corrections are not excluded.

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