Bitcoin Price Prediction: Where Will BTC Head in May 2025?
By: crypto news flash|2025/05/03 06:30:01
0
Share
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?
You may also like
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
The Crypto Fear & Greed Index has fallen to Extreme Fear as Tesla, Intel and the Nasdaq declined. See what it means for traders and explore stocks, crude oil and gold in the WEEX TradFi Trading Challenge.
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Supreme Court ruling expanding Trump's authority over federal agencies raises questions for SEC, CFTC as crypto rulemaking advances
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
A Comprehensive Analysis: Starting from 1996, Who is Laying the Foundation for the Next Generation of Capital Markets
Luke Dashjr, the Biggest Anti-Spammer of Bitcoin, Inscribed Phrases on the Network in 2011
Whales bought 270,000 BTC while ETFs bled $7 billion. One side is wrong
The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom
Robinhood Chain Mining Guide: A Comprehensive Tutorial from Cross-Chain to Memecoin
BitGo CEO says single-digit percentages of bitcoin's supply are 'probably right' for large holders amid Strategy's sale
Beyond Private Keys: How to Safeguard the Security Boundaries of Web3 from Wallets, L2 to Supply Chains?
Vanguard Enters the Market, Opening a New Crypto Gateway for 50 Million Traditional Investors
Why the OUSD Alliance of 150 Companies Still Cannot Shake USDT and USDC?
Citigroup Analysis: Is There Still 47% Upside for Nvidia? Can Rubin and CPO Deliver?
WEEX API Fast Connect: Turn Every Sign-In Into a Live Trader in Under 10 Seconds
WEEX API Fast Connect is a one-click OAuth authorization system that lets your users link their WEEX account without ever touching an API key. Frictionless onboarding, faster conversions, higher retention — built for WEEX Broker partners.
Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
The Crypto Fear & Greed Index has fallen to Extreme Fear as Tesla, Intel and the Nasdaq declined. See what it means for traders and explore stocks, crude oil and gold in the WEEX TradFi Trading Challenge.
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Supreme Court ruling expanding Trump's authority over federal agencies raises questions for SEC, CFTC as crypto rulemaking advances
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com

