- Bitcoin is poised to reach new highs, with predictions suggesting it could hit $129K by mid-May 2025.
- Meanwhile, Pepe (PEPE) may experience a 226% surge, potentially reaching $0.00002575 by the end of the month.
The cryptocurrency market is showing signs of revival after months of uncertainty. Bitcoin (BTC) is holding strong between $94,000 and $96,000, signaling a potential breakout toward the long-anticipated $100,000 milestone. Simultaneously, meme coin favorite Pepe (PEPE) is gaining traction with investors and speculators, buoyed by bullish sentiment across the altcoin space.
Bitcoin Price Outlook for Mid-May 2025
Bitcoin remains the market’s north star. Despite geopolitical pressures like U.S. tariffs, BTC has held its ground and could soon be ready to resume its ascent. Arthur Hayes, BitMEX co-founder, is among those doubling down on Bitcoin’s long-term potential, predicting a staggering $1 million valuation within the next few years. His roadmap: $250K in 2025, $500K by 2026, and $1M by 2027–2028, fueled by ballooning government deficits and renewed money printing.
According to CoinCodex, BTC could climb to $129,000 by May 15, 2025, with a slightly lower but still impressive price of $109,575 expected by June 5. With a Fear & Greed Index reading of 59 (Greed) and 60% green days in the past month, the technical outlook remains bullish. Volatility is relatively low at 6.91%, suggesting stability amid the uptrend.
Also read: Litecoin ETF Delay: What Traders Can Expect in the Short-Term Market Shakeup
Pepe Coin Forecast: Ready for Liftoff?
Meanwhile, Pepe (PEPE) is drawing renewed attention as a meme coin contender. Currently trading at $0.000007943, PEPE has had a mixed week, down 4% over the last 24 hours but still up 12% month-over-month. Launched as a tribute to the iconic Pepe the Frog meme, the Ethereum-based token has built a cult-like community of holders.
CoinCodex projects that PEPE could drop to $0.000001102 by May 15, but is expected to stage a major comeback by the end of the month—rising to $0.00002575 by June 4, a 226.95% increase. However, with current sentiment showing as bearish and volatility hovering at nearly 12%, investors are advised to tread cautiously.
With Bitcoin’s dominance and altcoins like PEPE showing explosive potential, mid-May could mark a pivotal point for crypto. Whether you’re in it for long-term growth or short-term gains, both BTC and PEPE are tokens to watch closely.
