The Bitcoin price forecast for May 2025 remains strongly bullish as the monthly candle continues to form with 5 days left until close. The small lower wick on the monthly chart signals that buyers are in control, and the market is holding its bullish trend.
Last week, Bitcoin (BTCUSD) made a new all-time high at 111,930, but the weekly candle closed as a spinning top, indicating a possible pause in momentum. While some traders might expect a reversal, the overall bias remains bullish unless key support breaks.
Key Levels to Watch for BTCUSD:
- Bullish Bias: As long as the price holds above 108,797 on the 1-hour chart, traders should focus on buy setups.
- If BTCUSD Drops Below 108,797: A short trade may be considered, but keep targets conservative with a 1:2 risk-reward.
- Daily Chart Note: The last daily candle closed as a doji, showing indecision. However, don’t rush to sell just because of a doji — stay patient and focus on intraday price action.
Why Bitcoin’s Bullish Momentum Remains Strong
One major factor keeping Bitcoin’s price supported is institutional buying. Large investors continue to buy BTC aggressively, providing strong demand at current levels.
According to a recent article by Cointelegraph, institutions are still buying the dip despite the recent highs, helping to sustain the bullish momentum.
Trading Strategy for BTCUSD Today
- The monthly chart shows a strong bullish candle with a small lower wick — buyers are in control.
- The weekly chart shows a spinning top — a possible pause, but not a reversal yet.
- The daily chart shows a doji — wait for confirmation, don’t sell blindly.
- Focus on lower timeframes (1-hour, 15-minute) for intraday setups.
- If price stays above 108,797, maintain a bullish bias.
- If price drops below 108,797, look for a short setup, but limit targets to a 1:2 risk-reward.
Final Thoughts: Bitcoin Price Forecast
The trend remains bullish for Bitcoin (BTCUSD), with institutional support and strong technical signals on higher timeframes. While the doji on the daily chart suggests caution, the overall momentum stays positive as long as 108,797 holds.
Stay patient, follow the trend, and trade wisely!