Current Market Situation
- Price Level: Bitcoin is trading at ~97,350 USD (as of early May) and is approaching the psychologically critical 100,000 USD mark.
- All-Time High: The current ATH stands at ~109,000 USD, with the price recently correcting to lows around 74,000–76,000 USD.
Drivers for a New All-Time High
- TOKEN2049 Dubai (April 30 – May 1, 2025):
- Over 15,000 participants from 160 countries, including key figures like CZ (Binance) and Eric Trump.
- Key Announcements:
- 2 billion USD deal in stablecoins via Tron for Binance shares.
- Integration of Apple Pay for stablecoin payments via Mesh.
- Institutional Developments:
- Coinbase launches a Bitcoin lending offering, driving institutional demand.
- Growing acceptance in the Middle East due to regulatory advancements.
- Technical Analysis:
- A two-year intact upward trend could drive BTC to ~135,000 USD by summer.
- Seasonality: June/July are historically strong months – a rise to ~130–135k USD by August is predicted.
Predictions Comparison
| Source | Prediction Period | Price Target |
|---|---|---|
| Cryptoticker/Bitget | Q2 2025 | New ATH (>109k), possibly approaching 150k USD |
| Timothy Peterson (Expert) | Summer 2025 | Up to 135k USD |
| DigitalCoinPrice/Libertex | End of March 2026 | Up to ~190k USD |
Critical Risks
- Volatility after the ATH test at ~109k already led to a crash of ~30% to lows at ~74k–76k.
- Macroeconomic factors such as interest rate decisions or regulatory shocks could dampen the trend.
For investors, the current phase is crucial: The combination of technical upward momentum, institutional adoption, and seasonal effects creates a rare bullish scenario – albeit with the typical crypto risk curve.