Bitcoin Price Prediction: Where Will BTC Head in May 2025?

By: crypto news flash|2025/05/03 06:30:01
0
Share
copy
Bitcoin surged near $98,000, rebounding strongly after dipping below $80,000 amid U.S.-China tariff tensions and global market ripples. Analysts eye Bitcoin’s squeeze between $98,000–$100,000, warning of either a sharp breakout surge or swift reversal soon. Bitcoin has recently recovered to touch almost its critical point of $100,000. As of May 2, 2025, BTC is trading at $97,800, a 2% increase in value in a period of 24 hours. This was achieved in spite of persistent market stress due to the persistence of Donald Trump’s belligerent policies on tariffs , which have resulted in large-scale political realignment in the entire world. Over the past couple of weeks, Bitcoin has found it hard to keep its ground following a pullback from previous highs of $100,000. The leading cryptocurrency dropped to levels of less than $80,000 when tensions over tariffs between China and America heightened. Since diplomatic developments in the two countries have started to surface, however, Bitcoin has stabilized itself, sitting at about $96,000 to start May. According to crypto analyst Javon Marks, Bitcoin’s chart is exhibiting signs of bullish divergence. This is a pattern that would lead to a major upward move to possibly take the value to $108,000. Resistance Zones and Potential Breakouts Another noted crypto analyst, Ali Martinez, has also expressed his opinion on what is happening in the market. Martinez pointed out how Bollinger Bands are tightening in Bitcoin’s 4-hour chart, a technical indicator of a potential large-scale price swing to come. “The Bollinger Bands are squeezing on the 4-hour chart for #Bitcoin $BTC! A major price move could be just around the corner,” said Martinez. There is a contracting triangle pattern developing between $91,000 and $95,000. As forecasted, Bitcoin broke through this range, hitting its E-wave bottom around $92,853. The coin has been rising since then and is fast approaching a key resistance area between $98,000 and $100,000, projected to be a target after breaking through. The breakthrough at $95,000 might have brought on what experts term the triangle thrust phase of a very fast upward movement. Caution is nonetheless warranted as Bitcoin approaches the $98,000–$100,000 resistance zone. A pullback to this area might pull prices down to the range of $90,000–$92,000. Global Markets Keep Bitcoin in Check The price movement of Bitcoin is continuing to mirror a strong association with global market indices. While the digital currency is approaching resistance levels, so also are stock indices such as Nifty and S&P 500. The potential of a wider risk-on phase or a short-term market top is generated by this cross-asset association. The critical levels for Bitcoin at present are marked at $92,800, where a confirmation of the E-wave bottom was achieved, and at the break point of $95,000. The next test is at the zone of $98,000–$100,000 where a break through or a reversal is anticipated. If Bitcoin cannot sustain above $90,000–$92,000 in case of a retreat, a correction to a lower depth around $88,000 is possible. Only if Bitcoin breaks above $102,000 and continues to gain momentum can one anticipate a move to the $108,000–$109,000 region, the bullish target identified by Marks and other market experts. For the time being, all attention is on how Bitcoin will navigate this watershed period in May. Buy Bitcoin Guide Bitcoin Wallet Tutorial Check 24-hour Bitcoin Price More Bitcoin News What is Bitcoin?

-- Price

--

You may also like

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com