03.05.2025

Bitcoin Price Development: Beginning of a New Bullish Phase?

Current Market Situation

Bitcoin is trading at around $97,350 (as of May 2025), just below the psychologically critical $100,000 mark. The recent upswing follows macroeconomic recovery signals and institutional developments such as Coinbase’s Bitcoin lending service, along with major events like TOKEN2049 in Dubai, which attracted over 15,000 participants.

Forecasts for 2025

Short-term (May–June 2025): Some models predict a high of up to $180,140 in May (DigitalCoinPrice), while other sources expect a new all-time high within the second quarter. The “Bitcoin Aging Chart” model even sees a rise to $351,046 by year-end, based on historical growth patterns of network age.

Conservative Estimates: Libertex anticipates a more moderate increase to around $123,408 by December, while Longforecast projected fluctuations between $52,695–73,202 for April – these pessimists have, however, been overtaken by the current price developments.

FED Influence as a Key Factor

Interest Rate Cuts: A potential interest rate cut by the US Federal Reserve could inject additional liquidity into the market, making Bitcoin a more attractive inflation-resistant investment.

Macroeconomic Uncertainty: Political events (e.g., US elections) and global economic data remain drivers for volatile capital flows into crypto assets.

Critical Milestones

Scenario Price Target Time Frame Source
Bullish $150k–$180k May–June 2025 [2][3]
Extremely Bullish >$350k End of 2025 [1]
Base Model ~$120k December 2025 [2]

Breaking through the magical $100k barrier would likely trigger a FOMO wave, similar to behavior during previous all-time highs like $20k (2017) or $69k (2021). The combination of technical dynamics, institutional adoption, and macroeconomic impulses suggests that the bullish phase is just beginning – provided external shocks remain absent.