#BinancePizza
As of mid-May 2025, Bitcoin (BTC) is trading around $102,925, reflecting a slight dip from recent highs. The cryptocurrency has experienced a notable surge, reaching over $105,000 earlier this month, driven by optimism over potential U.S. interest rate cuts and increased institutional investment. However, recent consolidation between $101,000 and $105,000 suggests a cautious market sentiment. Analysts predict that if BTC maintains support above $93,000, it could target new highs between $110,000 and $115,000. Conversely, a drop below $93,000 might lead to a pullback towards $88,000. Overall, Bitcoin's trajectory remains bullish, supported by strong on-chain metrics and growing institutional interest.