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Bitcoin exceeds $ 100 thousand. USA again: BTC jumps by 6.41% in one day, and bull -technical and ETF tributaries increase the trust of investors.
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Larry Fink sees 500 thousand dollars. USA: BlackRock CEO predicts that Bitcoin can reach $ 500,000+ in 5-10 years, calling it a future asset of $ 10.
Bitcoin’s bullshit continues. On May 8, the BTC grew by 6.41% in one day, again rising above the most important mark of 100 thousand dollars. Over the past seven days, Bitcoin has grown by 6.9%, and only in the last 24 hours it has grown by at least 0.3%.
The recent rally caused a new excitement in the cryptocurrency space, especially after a bold forecast from the General Director of BlackRock Larry Finka, who believes that Bitcoin can be traded much higher 500,000 dollars inside The next 5-10 yearsField
Forecast price for Bitcoin Larry Finn
🚨 gap 🚨
The General Director of BlackRock Larry Fink says: “We will see #Bitcoin much higher than $ 500 thousand.
– Crypto Beast (@cryptobeasreal) May 9, 2025
General Director of BlackRock Larry Fink predicts that Bitcoin can surpass 500 thousand dollars Within 5-10 years. He also called Bitcoin potential 10 trillion dollarsStrengthening the growing institutional faith in Krypto.
The impulse is supported by ETF activity. The American market is currently occupying eleven bitcoin -ETF -Combined AUM $ 118.59bThe field of their common market capitalization is in $ 120.76bWith daily volume $ 2.66 billionField
BlackRock’s ISHHARES BITCOIN TRUST (IBIT) leads the market with AUM $ 62,65bField in the first few days of this month 21 303.28 BTC I plunged into IBIT.
The bold forecast of Larry Finnka emphasizes Black Coker’s faith in the expanding role of Bitcoin in the global financial system.
Bitcoin prices analysis
On November 5, 2024, Bitcoin traded at 69,374.85 US dollars. Between this, until December 17, the BTC grew by 56.23%. From February 18 to February 23, 2025, he mainly ranged from 106,132.47 to $ 92,455.22. On February 24, he fell by 4.92% in one day, falling below this range. Later, April 7, BTC reached a low level of $ 74,532.07.
However, until April 9, a strong pressure on the purchase appeared. Since then, the price jumped by 35.38%, reaching $ 103,376.94.
In terms of monthly performance:
- January: +9.54%
- February: -17.5%
- March: -2.19%
- April: +14.2%
- Maybe (still): +9.57%
Relative force (RSI) index is worth 75.29Placement of BTC in the territory of outburst. However, the market is currently Before all three average values of the key movement:
- 50-SMA: 88 534.40 US dollars
- 100-SMA: 89 842.09 US dollars
- 200-SMA: 91 233.80 US dollars
A Macd Line B. 3803.03much higher than the signal line in 3163.09signals a bull impulse. Although Balance volume (OV) V -492.54kPointing to some negative volumetric pressure, the general mood remains optimistic.
