Bitcoin’s recent surge has witnessed a slight easing of pressure from its previous market highs, indicating continued optimism for the cryptocurrency despite some fluctuation. The futures market now shows consolidation below the $95,000 resistance level, reflecting a steady increase in value amidst market volatility. 13.2% growth over the last month, bolstered by macroeconomic shifts like the U.S. government’s recent tariff pause, has fueled this momentum. Analysts anticipate Bitcoin to potentially reach $107,223.20 by May 9, 2025, with projections indicating possible figures of between $120,000 and $200,000 for the year. Key technical resistance levels further support these forecasts.