Alluring Indications Imply Bitcoin Values Might Soar in May, Revisiting the $100K Milestone

Crypto Bulldozer to the Rescue: The Massive BTC Rally Redux?

The recent Bitcoin (BTC) toss from $109K to $75K in late March has taken a backseat, with the digital gold rising back above $95K by the end of April. You might be wondering if this déjà vu moment is a foreshadowing of a Trump-terror-induced rally, much like the one we witnessed in 2020.

Let's take a look at what our crystal ball, ahem, I mean, our top analysts are predicting for Bitcoin's resurgence.

Bitcoin Groundhog Day, Round 2?

Did you catch the recurring pattern in Bitcoin's price rebound following the coronavirus-induced crash? Our shrewd Crypto X analyst picked up on it, and friends, it has sparked some intriguing discussions.

As global financial markets kickstart their engines yet again, economists and investors looking for greener pastures may see familiar parallels between today and the last time Trump initiated his Fed Chair Jerome Powell arm-twisting for rate cuts.

Wake Up, Wall Street! Bitcoin's Calling

Remember back in 2019 when Bitcoin zoomed a whopping 12 times in market prices in just two years? That's an average annualized ROI of a staggering 550% from 2019 to 2021. Hard to beat that, even if we compare it to the S&P 500 Index's modest 10% average since 1957.

It's no surprise, then, that even our very own Dr. Doom, Peter Schiff, reversed his stance, tweeting a sweet serenade about embracing Bitcoin, swearing on high heaven he wouldn't part ways with a single Satoshi.

If you've been paying attention to Schiff's crypto tirades, you'd know this is some bizarre alternate dimension.

Let's take a gander at four bullish Bitcoin bullpoints for May.

1. Wall Street ETFs: Bitcoin's Kryptonite, in a Good Way

Remember when Wall Street lined up to invest in sweet, sweet Bitcoin ETFs, sending BTC prices over the moon for almost all of 2024? Institutional investors also lavished tons of dough on MicroStrategy (now Strategy) and Bitcoin miners in 2023, signaling some pent-up desire to get in on the action.

Fast forward to present day, and these Wall Street suits can't get enough Bitcoin ETFs. The inflows from mid-April to the end of the month have been consistent (most days even reaching the billion-dollar mark!), making Manhattan markets go wild over BTC.

BITCOIN ETF inflows and withdrawals dictate the cryptocurrency's worth. April was a flaming hot BTC ETF month.

2. Corporations, Crypto Insiders: This is Yours!

In addition to the star-studded Wall Street investors, companies are sneaking in on the Bitcoin party like secret VIPs. This double whammy can lead to a shortage of BTC on the open market, pushing prices higher and higher.

Take Virginia's triumphant Strategy, for example. They dipped toes in the Bitcoin sea last May, and their stock shot up 38%. Fast forward to April 2025, and they announced yet another billion-dollar Bitcoin buy-in, taking its holdings to an impressive 553,555 BTC.

The latest entry to the crypto club? California-based Semler Scientific snatched up 165 BTC for about $15.7 million, boosting their holdings to a total of 3,467 BTC.

3. Sit Down, Arizona: Get Your Bitcoin Reserves Ready!

It's not just US corporations gorging on Bitcoin. Arizona is cooking up a plan to join the Bitcoin stash race, making them the first state legislature to approve a state Bitcoin reserve. Sayonara, cash reserves and hello, BTC!

State Sen. Wendy Rogers, who co-sponsored the bill, shared her enthusiasm for cryptocurrencies, stating, "Crypto and bitcoin have a tremendous fanbase nationwide and in Arizona. They are incredibly popular with the youth and independents."

Will Arizona start a domino effect, sparking a rush of statehouse Bitcoin franchisees? Time will tell.

4. Whale Watchers, Unite!

Crypto markets revolve around the big fish, otherwise known as whales. These deep-sea dwellers have the power to move the market with a single move, like the splash of a gigantic, blue fin whale.

A panicky selloff followed by massive buying sprees from the whales is a common occurrence. That collective whale muscle can cause price movements that may seem self-fulfilling.

Good news for Bitcoin holders: the whales apparently cannot get enough of Bitcoin, with April seeing a whopping $4 billion in buying sprees during the last two weeks of the month.

So, buckle up, folks! It looks like Crypto Town is heading for another exciting rollercoaster ride. Will the bulls keep roaring, or will the bears crash the party? Only time will tell!

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Bitcoin (BTC) Price

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Amidst discussions regarding policy-and-legislation and politics, particularly with another potential move by former President Trump, experts are questioning if this could initiate another Bitcoin rally similar to the one seen in 2020.
As Wall Street continues to show interest in Bitcoin ETFs, with consistent inflows worth billions, it's worth exploring if this could contribute to another price surge, much like the one seen in 2024.
The increasing adoption of Bitcoin by corporations and companies, such as the recent purchase by Semler Scientific, could potentially lead to a Bitcoin shortage on the open market, driving prices up.
Arizona's consideration to establish a state Bitcoin reserve could mark the beginning of a trend where other states follow suit, potentially boosting Bitcoin's value in the process.
The continued buying sprees by 'whales' in the crypto market, totaling $4 billion in April, suggests that they view Bitcoin as a profitable investment, which may lead to further price increases.