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Question: Will bitcoin increase above $100000 or going below $90000?
Going above $100000 - 20 (76.9%)
Going below $90000 - 2 (7.7%)
Will remain between $90000-$100000 - 4 (15.4%)
Total Voters: 26

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Author Topic: Bitcoin price speculation for the month of May  (Read 560 times)
Oshosondy (OP)
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May 01, 2025, 10:16:12 PM
 #1

Month of April was good as we expected but how about the month of May. I know we are still going to ATH but bitcoin is less volatile recently but in a progressive direction as it is going closer to $100000.

What is your prediction for the month of May? Will bitcoin increase above $100000 or will it decrease back below $90000. Let us have a fun discussion.

Bitcoin price right now is $96625.

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May 01, 2025, 10:26:03 PM
 #2

Month of April was good as we expected but how about the month of May. I know we are still going to ATH but bitcoin is less volatile recently but in a progressive direction as it is going closer to $100000.

What is your prediction for the month of May? Will bitcoin increase above $100000 or will it decrease back below $90000. Let us have a fun discussion.

Bitcoin price right now is $96625.
Early part of April was not too encouraging for Bitcoin but it later picked momentum towards the end as it bounced off the support area around $83,500. The month of May looks very promising for Bitcoin as many people are already projecting that it will be the beginning of the bull run that will create the ATH of this market cycle. I do not completely agree with this because I'm expecting momentum from third quarter of this year. Therefore, my May projection is a little ranging market between $93,000 and $100,000. Definitely we will likely touch $100,000 before the end of May but there will still be correction after that to put price into the range again.

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May 01, 2025, 11:33:03 PM
 #3

Month of April was good as we expected but how about the month of May. I know we are still going to ATH but bitcoin is less volatile recently but in a progressive direction as it is going closer to $100000.

What is your prediction for the month of May? Will bitcoin increase above $100000 or will it decrease back below $90000. Let us have a fun discussion.

Bitcoin price right now is $96625.

The last two weeks of the month of April was seriously a good month for bitcoin after the market had a large rally of almost 14% pump in price, the month started poorly which means the market was a little bit fluctuating but right now even with the consolidation that the market faces. Personally this year entirely is supposed to be bullish with just corrections going to happen due to the bitcoin trend but the market has a little bit bearish due to the negativity caused by the tariff war, with this economic crisis now like at a halt for the time been I think it is a perfect month for the market to go for the price above $100k. For me I will be expecting a little consolidation below the $100k before a move up above it which I expect this month if the economic stays this positive

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May 02, 2025, 12:06:32 AM
 #4

For a bullish scenario, I think we're gonna hit $100k above if the $98k zone breaks above, but my guess mid of may it would reject, and then after a week there's a possible retest with the higher chance it could break the $98k level.

Look at my charting below:


Uploaded by BitMaxz

The line I made is a possible scenario that could happen with BTC this month, but if it fails to retest 2 times, there's a possibility that the price will go back inside the flag, not bearish, but it might consolidate inside the flag, depending on unexpected events and news.


BTC is still bearish at the moment, but it is getting weak. The market might shift while the RSI is making a reversal pattern.

To get more advantage analyzing the market, why not try to subscribe to TradingView and unlock the $15 reward from your first subscription?
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May 02, 2025, 03:46:28 AM
 #5

For a bullish scenario, I think we're gonna hit $100k above if the $98k zone breaks above, but my guess mid of may it would reject, and then after a week there's a possible retest with the higher chance it could break the $98k level.

Look at my charting below:

The line I made is a possible scenario that could happen with BTC this month, but if it fails to retest 2 times, there's a possibility that the price will go back inside the flag, not bearish, but it might consolidate inside the flag, depending on unexpected events and news.


I have the same opinion, I think we'll be seeing bitcoin above $100k in no time. The selling pressure has been decreasing and there's plenty of bullish narrative to get things started.
Whether we will hit ATH or not in this quarter, we don't know for sure but I always believe we'll be seeing at least $150k in Q4. Might sounds super pessimistic for some because some people believe we can see $200k by the end of the year.
But $150k make the most sense for me.

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May 02, 2025, 05:46:17 AM
 #6

Further liquidity was added (or should I say, created) recently, which is likely what is fueling the rebound following the correction. Looks like breaking $100k mark is a very real possibility for this month, though there should still be skepticism given so many question marks with macro conditions.
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May 02, 2025, 06:06:39 AM
 #7

Month of April was good as we expected but how about the month of May. I know we are still going to ATH but bitcoin is less volatile recently but in a progressive direction as it is going closer to $100000.

What is your prediction for the month of May? Will bitcoin increase above $100000 or will it decrease back below $90000. Let us have a fun discussion.

Bitcoin price right now is $96625.

I voted for going about $100k, it seems that we have a huge jump in the last couple of days, pushing as high as $97k. So with that, bullish momentum is here and with that kind of sentiments, we might see 6 digits again.

And it could really be the start of the bull run again as we might be inching to get a new all time high.

How time flies though, I mean after that $109k new all time high, we go as low as $76k. But after that, we go to $80k-$85k for quiet sometime and now we are here again and going closer to 6 digits.


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May 02, 2025, 06:35:21 AM
 #8

I vote for "Going above $100000" as the price now is $96k and Bitcoin already reached $97k although it was down now. But I don't mind if Bitcoin price is down below $90k because I have more time to accumulate more Bitcoin. But I really hope Bitcoin will increase above $100,000 this month and not down below $90,000.

But that is just my hope which I don't know what will happen. It seem more people don't want to be late to buy Bitcoin so that lift the price increases.

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May 02, 2025, 06:43:31 AM
 #9

For a bullish scenario, I think we're gonna hit $100k above if the $98k zone breaks above, but my guess mid of may it would reject, and then after a week there's a possible retest with the higher chance it could break the $98k level.

Look at my charting below:

The line I made is a possible scenario that could happen with BTC this month, but if it fails to retest 2 times, there's a possibility that the price will go back inside the flag, not bearish, but it might consolidate inside the flag, depending on unexpected events and news.


I have the same opinion, I think we'll be seeing bitcoin above $100k in no time. The selling pressure has been decreasing and there's plenty of bullish narrative to get things started.
Whether we will hit ATH or not in this quarter, we don't know for sure but I always believe we'll be seeing at least $150k in Q4. Might sounds super pessimistic for some because some people believe we can see $200k by the end of the year.
But $150k make the most sense for me.

I also voted for above $100k purely based on the current slight bullish trend,
we just almost pipped $98k yesterday!

I'm not sure either about the ATH being broken, there is still some uncertainty in
the markets due to the Trump factor. He is liable to announce something new any
day which could shock the markets and I'm afraid the Bitcoin one will react too!

On the other hand I would like to think the Bitcoin market is more resilient
and if its the cast then we hit a new ATH.


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May 02, 2025, 07:22:44 AM
 #10

This month will go above $100K, I will support it, even Bitcoin can create a new ATH this month, I am very optimistic about this month, Bitcoin will definitely move with positive momentum this month, also many big Bitcoin experts are also very positive about Bitcoin. Yesterday Bitcoin reached a high of $97,341, which is very close to $100K, and right now Bitcoin is at $96,687, but another positive pump could take Bitcoin above $100K. But whatever, Bitcoin is very likely to be $100K+ this month.

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May 02, 2025, 07:43:46 AM
 #11

I want Bitcoin to revisit the $90,000 level again. I have my bid orders still waiting there in different multiple levels hahaha.
I am long-term bullish for Bitcoin, but I am not expecting this to happen too fast, so Bitcoin will go back to $100,000 in just a short period of time.

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May 02, 2025, 07:54:47 AM
 #12

What is your prediction for the month of May? Will bitcoin increase above $100000 or will it decrease back below $90000. Let us have a fun discussion.

Bitcoin price right now is $96625.
The starting of this month of May has shown that bitcoin would be bull,
though last month was actually supportive to bitcoin price but i am hopeful of this month to be more better than last month.
Month of May from Historical data always seems to be that bullish therefore, I am supper bullished and bitcoin may go above $100k,
earlier yesterday bitcoin hits $97k plus showing direction of crossing the above before a little resistance.
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May 02, 2025, 08:05:09 AM
 #13

What is your prediction for the month of May? Will bitcoin increase above $100000 or will it decrease back below $90000. Let us have a fun discussion.

Bitcoin price right now is $96625.
My prediction for Bitcoin price this month of may is $100k and above. It could possibly decline after hitting $100k or the previous ATH which is $108k before declining, but it's definitely going to hit $100k for sure. I am even expecting it to hit $100k ballpark this week because Bitcoin has been doing pretty well this Q2 of 2025.bitcoin has already touched $97.300k on the 1st of may before falling back to this current $96k. So I believe since Bitcoin arose from a long time sleep of Below $75k to $97k, possibily $100k will soon be achieved.

R


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May 02, 2025, 08:43:48 AM
 #14

What is your prediction for the month of May? Will bitcoin increase above $100000 or will it decrease back below $90000. Let us have a fun discussion.

Bitcoin price right now is $96625.
Closest to $100,000 because May 1, $97,424 was the highest price.
Initial estimates, if the price is able to reach $97,000, then to return to the price of $100,000 will be achieved even though the market is less volatile.
I predict the price of Bitcoin in May will pass $100,000. If possible, it can pass the current ATH price.
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May 02, 2025, 08:50:52 AM
 #15

I am bullish as well, as I can see there is only 1 bear in the poll so far. More than a question of technical analysis, I believe it is because of the macroeconomic environment. When the stock market took a hit, bitcoin was more or less stable and fell less. Now the stock market is recovering, plus big players like Strategy are still buying and soon XXI Capital will enter the game. In addition, Arizona has already passed a law allowing the state to buy 10% of its reserves in bitcoin, and there are other states in the pipeline besides the federal government. Even if they don't start buying imminently, I think this should soon translate into a clear rise.


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May 02, 2025, 10:03:59 AM
Last edit: May 02, 2025, 10:37:42 AM by Marvell1
 #16

I want Bitcoin to revisit the $90,000 level again. I have my bid orders still waiting there in different multiple levels hahaha.
I am long-term bullish for Bitcoin, but I am not expecting this to happen too fast, so Bitcoin will go back to $100,000 in just a short period of time.

This is exactly what I was thinking. There is no doubt that bitcoin will definitely return to $100k in the coming days as the price is trading at $97k, and the gap is not too far away. But then, will it continue to rise and reach a new ATH or will it correct back below $90k? we should be more concerned about that. For me, it would be pointless if BTC hits $100k, but then there will be bigger corrections.

Since you are looking to buy Bitcoin at a lower price, there is nothing wrong with expecting the price to fall instead of rise. But I have the opposite expectation, I hope if the price goes back to $100k, it will be able to make a new ATH and pull the whole market into a bigger bull run.

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May 02, 2025, 11:12:52 AM
 #17

Ì see a relatively strong resistance around  the $97k - $98k zone so if it is able to break that levels then a little above the $100k is achievable but I'm also considering how long it took to have gotten to the point, here I'm not trying to undermine volatility ut logically I'm not very clear about that so just to be safe I will anticipate it not going  far above the $100k and I don't expect it gets to its former ATH because obviously there will be some retest and corrections added to the force it will need to break the resistance I mentioned earlier to fairly within $97k- $100k will be a realistic zone to rally around within may. This is my speculation for bitcoin for the month of may but chances are it may still go bearish too at some point.

 
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May 02, 2025, 12:20:07 PM
 #18

The market is showing a positive direction --- so it is likely that in May bitcoin will pass $100K in the first or last week at least we are optimistic that this market is on the road to recovery.

Although we never know the exact price, expecting a 6-figure figure is highly anticipated, so many investors will be more optimistic in May and beyond.
Q2 looks to be the road to a green market.

R


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May 02, 2025, 12:43:20 PM
 #19

---
What is your prediction for the month of May? Will bitcoin increase above $100000 or will it decrease back below $90000. Let us have a fun discussion.

Bitcoin price right now is $96625.
I hope you can put a third option which is "Will stay at around $90,000-$100,000 price range" because that would be my choice.

Looking at the market, the month of April really surprised me because I expected that it will be a bearish month, but I was wrong. Bitcoin ended the month above the 21 Weekly Moving Average which is a good sign. Right now, the 21 Weekly MA's price is at around $88,000 so for me, that will act as a dynamic support aside from the $90,000 psychological resistance. If Bitcoin manage to stay above that MA for weeks, there's a huge chance that we will go higher as weeks/months come.

On the flip side though, going below that line, and closing below it just shows that we just had a "false breakout" and if it stays below that 21 Weekly MA, that shows that the bears are gaining control already. Although this is a lower possibility, this might happen still.

Overall, I'm bullish with Bitcoin for this month so I expect that Bitcoin will at least go above $100,000 yet again, but I will not be surprised if it goes sideways at around the $90,000-$100,000 price range.

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May 02, 2025, 12:45:44 PM
 #20

Ì see a relatively strong resistance around  the $97k - $98k zone so if it is able to break that levels then a little above the $100k is achievable but I'm also considering how long it took to have gotten to the point, here I'm not trying to undermine volatility ut logically I'm not very clear about that so just to be safe I will anticipate it not going  far above the $100k and I don't expect it gets to its former ATH because obviously there will be some retest and corrections added to the force it will need to break the resistance I mentioned earlier to fairly within $97k- $100k will be a realistic zone to rally around within may. This is my speculation for bitcoin for the month of may but chances are it may still go bearish too at some point.
Bitcoin got to over $97400 yesterday and got to over $97300 today. It is true that is becoming the resistance price but we should not make early conclusion. Let us wait if there could be a breakout anytime soon.

About all-time high, I still think bitcoin will get to all-time high but I do not know when that will happen. I am still expecting bitcoin to go above $115000 before bear market will begin.

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