Against the backdrop of sustained investor interest and high volatility in the cryptocurrency market, Bitcoin (BTC) continues to attract attention from both retail and institutional players. As of May 3, 2025, BTC is trading around $96,000, and forecasts for the coming days provide grounds for both cautious optimism and vigilance.
Current market situation
Bitcoin has shown signs of stability in recent days, holding above the $95,000 level. The 'Fear and Greed' index is at 65 — this is the 'greed' zone, indicating positive investor sentiment. The market is influenced by macroeconomic factors, including US inflation data, interest rate expectations, and ETF fund activity.
Forecasts for May 4, 2025
Different sources provide similar but not identical estimates:
Changelly forecasts BTC growth to $106,500, indicating strong technical support and high buyer activity.
CoinCodex expects a more moderate increase to $97,000, with a possible correction within the week.
Binance maintains a conservative forecast, suggesting that the price will remain around $96,400.
At the same time, InvestingHaven warns of a possible drop to $89,300 in the event of increased bearish sentiment.
Factors affecting the price
1. Activity of institutional investors. Flows into cryptocurrency ETFs continue to grow, especially in the USA.
2. Geopolitical and macroeconomic events. Influences may come from Fed meetings, economic statistics, as well as political instability.
3. Technical analysis. Most indicators, such as RSI and MACD, point to a bullish direction.
Medium- and long-term expectations
Standard Chartered expects growth to $120,000 by the end of the year.
VanEck and Bitwise estimate the potential of BTC at $180,000–$200,000 if the trend continues.
Analysts' optimism is supported by expectations of reduced issuance (the halving already occurred in April) and further adoption of BTC as a savings medium.
Conclusion
By May 4, 2025, Bitcoin is likely to show either stability or moderate growth. Despite the risks of a short-term correction, long-term expectations remain positive. Investors should keep an eye on news, trading volumes, and technical support/resistance levels.