Analysts have shared different opinions about where Bitcoin might go next.
Some believe that Bitcoin will stay in a sideways range between $95,000 and $105,000 for a while. This would allow the market to cool off after the strong rally in May.
Others think Bitcoin could experience a temporary dip to the $92,000 to $96,000 area. This would give investors a chance to buy at lower prices before the next upward move.
On the more optimistic side, many experts believe that Bitcoin could reach $120,000 to $145,000 by the end of June or early July. Some extreme predictions go even higher, with price targets up to $250,000 or even $300,000 by the end of 2025. However, most analysts prefer to stay cautious and suggest watching how Bitcoin reacts to key support and resistance levels.