Bitcoin’s Bullish Outlook for May 2025

May 1, 2025

Bitcoin Bullish Momentum

As of the first day in May 2025, Bitcoin (BTC) is experiencing significant bullish momentum, trading near $97,000. This surge is attributed to increased institutional adoption, regulatory advancements, and favorable market conditions.​

The approval of Bitcoin Exchange-Traded Funds (ETFs) 15 months ago has been a catalyst for institutional investment.

Major financial institutions, including EY and Capriole Investments, have increased their exposure to Bitcoin, viewing it as “digital gold”.

This institutional confidence has contributed to Bitcoin’s dominance in the cryptocurrency market, reaching 64%, the highest since 2021.

In March 2025, President Donald Trump signed an executive order establishing a U.S. strategic Bitcoin reserve, holding approximately 198,000 BTC.

This move positions the U.S. as a significant holder of Bitcoin and signals governmental support for the cryptocurrency.

Analysts predict a bullish trajectory for Bitcoin in 2025:​

  • Peter Chung of Presto Research forecasts BTC reaching $210,000 by year-end, driven by institutional adoption and global liquidity.
  • Standard Chartered projects Bitcoin hitting $120,000 in the current quarter.
  • CoinCodex anticipates BTC trading between $97,646 and $180,252 in 2025, with a bullish market sentiment.​

On-chain analytics indicate a shift towards long-term holding, with whales accumulating over 43,000 BTC in the past two weeks.

This behavior suggests confidence in Bitcoin’s long-term value and potential for further price appreciation.​

Bitcoin’s current bullish trend in May 2025 is supported by institutional adoption, governmental backing, and positive market forecasts.

While volatility remains a characteristic of the cryptocurrency market, the convergence of these factors indicates a strong foundation for Bitcoin’s continued growth.

ADDITIONAL BITCOIN RESOURCES: