$BTC

Bitcoin (BTC) Price Update & 2-Day Outlook

As of May 15, 2025, Bitcoin (BTC) is trading at approximately $102,030, experiencing a slight decline of 1.47% over the past 24 hours. The price has fluctuated between an intraday low of $101,839 and a high of $104,168 .

2-Day Prediction (Short-Term Outlook):

Analysts anticipate a potential upward movement in BTC's price over the next two days. Predictions suggest:

May 16, 2025: BTC could reach around $104,078, indicating a modest increase.

May 17, 2025: The price might climb to approximately $108,969, reflecting a more significant gain .

Key Factors to Watch:

Institutional Investment: Despite recent price dips, Bitcoin ETF inflows remain robust, with a notable $319.5 million influx reported on May 14, 2025, signaling sustained institutional interest .

On-Chain Metrics: An increase in whale activity and open interest suggests potential for a bullish breakout, possibly leading BTC to test new all-time highs .

Technical Indicators: The Relative Strength Index (RSI) hovers near 42 on the 4-hour chart, indicating oversold conditions that could precede a price rebound .

Conclusion:

While short-term volatility persists, the combination of strong institutional inflows and bullish technical indicators points toward a potential price recovery in the coming days. Traders should monitor key support and resistance levels and stay informed on macroeconomic developments.

Disclaimer: This information is for educational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.

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