๐ Bitcoin Sentiment Today & 1-Month Outlook ๐ฎ
As of May 15, 2025, Bitcoin (BTC) is trading around $103,560, showing a slight dip of 0.67% over the past 24 hours. The market sentiment leans bearish, with the Fear & Greed Index at 44, indicating a state of fear among investors .
Despite the cautious mood, technical indicators suggest potential for growth. Analysts predict that BTC could rise by approximately 33.83% over the next month, reaching around $129,434 by mid-June . This optimism is fueled by factors such as institutional adoption and anticipation of the 2028 Bitcoin halving .
On-chain data reveals that long-term holders are accumulating, and exchange outflows are increasing, indicating strong holding sentiment. However, retail activity remains subdued, and market volatility is moderate at 3.98% .
๐ฎ 1-Month Prediction:
If Bitcoin maintains support above $100K and breaks past the $110K resistance, it could target the $120Kโ$130K range by mid-June. Conversely, a drop below $95K might lead to a short-term decline towards $90K.
Final Thought:
While caution is advised, the underlying fundamentals remain strong. Investors are closely watching for signs of a breakout. Are you prepared for the next move? ๐
