bitcoin price today on 4th may 2025

Bitcoin Price Today on 4th May 2025: USD and INR Market Overview

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Written by IPO Manthan Team

May 4, 2025

The live Bitcoin Price Today on 4th May 2025 in USD stands at $95,929 according to most tracking platforms, while Binance lists the digital asset slightly lower at $95,778.71. This minor variance is typical, owing to differences in exchange liquidity and real-time transaction volumes.

In India, Bitcoin is currently priced at around ₹8,106,847 to ₹8,120,175, marking a modest 0.58% to 0.77% decline over the past 24 hours. The Indian price reflects both global market trends and the value of the Indian rupee against the U.S. dollar.

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Currency PairPrice (approx.)24h Range (approx.)
BTC/USD$95,929$95,700 – $96,290
BTC/INR₹8,106,847₹8,120,175 – ₹8,150,177

Bitcoin Price Today on 4th May 2025: Predictions for May 2025

Looking ahead, Bitcoin is expected to remain in bullish territory throughout May. Technical analysts and crypto market platforms like Changelly, Binance, and Coindcx have issued short- and long-term forecasts that suggest significant price appreciation in the coming weeks.

Short-Term Outlook (Early May):

  • Binance forecasts Bitcoin to hover around $96,179 on May 4.
  • Changelly predicts a 5.23% jump to $101,222.56 by May 5, and a 10.18% increase to $105,979.48 by May 6.
  • Coindcx estimates a gradual climb, projecting $99,300 on May 4 and $103,200 by May 10.

Month-End Projections:

  • Most predictions place Bitcoin between $104,800 and $110,800 by May 31.
  • Changelly’s optimistic average for the month is $114,459, with highs potentially reaching $132,453.
  • Coindcx’s base-case scenario aligns closely, forecasting a close around $105,000 to $106,200, assuming sustained bullish momentum.

Technical Indicators and Market Sentiment

Technical analysis supports a continuation of the current uptrend. Bitcoin is comfortably trading above key moving averages, with strong support levels identified between $90,000 and $92,000, and a critical floor at $89,000. Resistance is seen near $97,500 to $100,000, with a breakout level pegged at $99,449.

Indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest bullish conditions, though there are signals the market may be entering overbought territory. Meanwhile, the Fear & Greed Index continues to hover in the “Greed” zone, reflecting growing investor confidence.

Bitcoin Price Today on 3rd May 2025: BTC Holds Strong Above $96,000 Amid Bullish Momentum

Bitcoin Price Forecasts for May 2025

Date/PeriodPrediction (USD)Notes
May 4, 2025$96,000–$99,300Early May consolidation
May 5–6, 2025$101,222–$105,979Potential rapid upside
May 10, 2025$103,200–$129,440Wide range, depending on momentum
May End, 2025$104,800–$110,800Most likely closing range
May Average$114,459 (Changelly)Includes higher outliers

Final Thoughts on Bitcoin Price Today on 4th May 2025

The Bitcoin Price Today on 4th May 2025 reflects a market in consolidation mode, with BTC holding firm just under the $96,000 mark. While minor dips are expected, the overall sentiment for May remains bullish, with analysts and traders forecasting a likely move above $100,000 in the near term. Investors are advised to monitor resistance and support levels closely, as any breakout above $99,449 could trigger a fresh rally.

As always, the crypto market is inherently volatile, but current indicators favor upward momentum, making May a potentially profitable month for Bitcoin holders.

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We IPO Manthan Team is a team of some experienced writers covering news related to Finance, Sports, Local, Entertainment and other. We have an 5 years of experience in the filed of blogging and social media marketing.

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