4 Good Signs for Bitcoin Prices in May With $100K Back in View
By: cryptosheadlines|2025/05/04 22:15:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com BTC tumbled from $109K on Jan. 21 to find support at $75K in late March. Then, after a final bear test above $75K on Apr. 9, bulls came roaring back to close out April above $95K.Trump Scare, Massive BTC Rally Repeat?One popular Crypto X analyst noticed in April a familiar pattern in Bitcoin’s price rebound following the sell-off after the coronavirus shock.Global financial markets are back to placing bets after pulling their cash in during the Trump second term and tariff panic. Major participants in the Bitcoin economy may be seeing similarities between now and the last time Trump started pushing Fed Chair Jerome Powell for interest rate cuts.The last time this happened, Bitcoin grew 12 times in market prices in 24 months.Crypto Markets Feeling Bullish AgainThat’s an average annualized ROI of 550% from 2019 to 2021. For comparison, the S&P 500 Index delivered an average yearly ROI of 10% since 1957.It’s no wonder institutions are bullish on the original blockchain cryptocurrency.Even the doctor of Bitcoin doom himself, EuroPac’s Peter Schiff, made a big about-face in a tweet storm on X, asking followers to donate BTC to him that he promises he will never sell.For anyone who’s been keeping the score with Schiff’s anti-crypto texts, this is some kind of bizarro world.Here are four reasons the little currency is looking so good for crypto bulls in May.1. Wall Street Bitcoin ETFs Insatiable in AprilUpdated my Bitcoin ETF Chart pack today on Bloomberg. The ETFs have taken in nearly $4 billion on 8 consecutive days of inflows. Here’s what the cumulative flows have looked like over time: pic.twitter.com/euWt9TGjhA— James Seyffart (@JSeyff) April 30, 2025The entry of Wall Street buyers via Bitcoin ETFs pushed BTC prices up for almost all of 2024. Institutional investors also delivered massive capital inflows to MicroStrategy (now Strategy) and Bitcoin miners in 2023, signaling pent-up demand.Now that stock traders are a tidal force on the cryptocurrency economy, Bitcoin ETF inflows and outflows respond to and affect the asset’s price. Manhattan markets flipped wildly bullish for BTC in April.Bitcoin ETFs saw uninterrupted daily inflows from Apr. 17 to Apr. 29, a couple of times verging on a billion dollars for the day’s trades.#Bitcoin Etf inflow is at the top of 2025.Some knows something good pic.twitter.com/ynyn3KbSi3— Alpha Whale Crypto (@AlphaWhale_) May 1, 2025By Apr. 28, Bitcoin ETFs saw $3.06 billion in total weekly inflows, the second-highest on record.Meanwhile, Bitwise chief investment officer Matt Hougan wrote in a note to investors that he expects ETF flows to continue to expand sustainably.“I still expect bitcoin ETFs to set a new record for net inflows this year,” Hougan said, “despite pulling in ‘just’ $3.7 billion so far in 2025, compared to $35 billion in 2024.”2. Semler Scientific Buys $15.7M BTCIn addition to the high demand for Bitcoin exchange-traded funds by investors, corporations continue to ramp up the global race to stockpile Bitcoin. That limits the supply available on exchanges and pushes the price up further.Virginia-based Strategy started off this incredible demand for BTC to shore up its balance sheets. It works as an inflation shelter, macro hedge, and a way to increase returns on investment when the asset has a good year.On Apr. 30, California-based health care tech company Semler Scientific announced a 165 BTC buy for around $15.7 million. Semler reported:“As of April 29, 2025, Semler Scientific held 3,467 bitcoins, which were acquired for an aggregate $306.1 million at an average purchase price of $88,263 per bitcoin, inclusive of fees and expenses and had a market value of $330.6 million...”When Semler first started buying BTC last May, its stock surged 38% as a result.Meanwhile, Strategy made another billion-dollar Bitcoin buy announced on Apr. 28. That brings its total holdings to 553,555 BTC acquired for an average of $68.5K per BTC.3. Arizona Moves to Stockpile BitcoinIt’s not just US corporations piling on Bitcoin. Following in the lead of the White House initiative to establish a national reserve, several states are moving to add the asset to their books.In April, Arizona joined them with a move by the legislature to establish a state Bitcoin reserve. That leaves the matter in the hands of a governor, who could sign one into law with a pen stroke any day now.“Crypto and bitcoin have a huge following nationwide and in Arizona,” said Arizona state Sen. Wendy Rogers, who co-sponsored the bill. “They are wildly popular with the youth and independents.”This is the first state legislative approval to establish a BTC reserve. While several states are seriously exploring it, the Copper State may just kick off a rush in other statehouses.4. Bitcoin Whales’ Big Buying SpreeCryptocurrency markets are nothing without their whale-sized traders. Big moves by these behemoth investors tend to forecast future price moves because the big money has incentives and resources at scale to make smart bets.As a result, whale splashes in the Web3 liquidity pools can cause future movements in market prices and become self-fulfilling prophecies.That’s good news for BTC sellers and long-term holders. Bitcoin whales went on a massive accumulation binge in April. In the final two weeks of the month, they bought $4 billion.That strong support from both Wall Street institutional buyers and Internet retail buyers is very bullish for the cryptocurrency’s outlook.SPECIAL OFFER (Sponsored)Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!Source link
You may also like

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?
Hashpower will determine everything; human work will only be restructured, not disappear

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times
17 minutes, 100k turned into 25M.

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief
In the first 15 minutes of trading, $1.5 billion in futures trades have already taken place

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?
Cloudflare is both building walls and opening windows. It provides both blocking tools and paid access tools. They decide what is kept out, what is allowed in, and under what conditions it can enter.

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend
Rebuild capitalism that belongs to everyone.

When Backpack backstabs the community
Once a fundamental rift in trust appears, the cost that Backpack must pay to repair it is likely far more expensive than the profits previously "harvested" through service fees.

When gold is no longer a safe haven, and Bitcoin continues to panic
The whole world is waiting for the Strait of Hormuz to reopen. Why not guess which type of asset will return to pre-war levels first?

Trump, the World's Largest Oil Trader
No matter the outcome, he will not lose money.

If the US and Iran have not reached an agreement in 5 days, what other cards does Trump have?
A $100 Brent implies an approximate 30-40% "strike probability".

Tether Whale Dumps £12 Million, Backing Crypto’s ‘British Trump’
In the US, the crypto industry's big-money push to back Trump and reclaim regulatory control has already played out. In the UK, the same script is unfolding once again.

Ethereum Foundation Post: Rethinking the Division of Work Between L1 and L2 to Build the Ultimate Ethereum Ecosystem
Five years in the making, the Ethereum Foundation has updated the L1 and L2 ecosystem positioning and overarching guidance.

Two Major Prediction Market Platforms Unite Rarely, What Is the Story Behind This New Fund?
When Klashi's early employees went out to raise funds, the two CEOs chose to appear together on the investor list.

Dragonfly Partners: Most agents will not engage in autonomous trading, how can crypto payments prevail?
Although the scale of the agent economy will be very large, the proportion of agents actually conducting transactions will not be that high.

US AI Startup Goes All In on Chinese Mega-Model | Rewire News Morning Brief
The open-source ecosystem and manufacturing data form a dual circulation, allowing progress towards the cutting edge even under chip constraints

Trump Lies Again: A "Five-Day Pause" Psyop, How Wall Street, Bitcoin, and Polymarket Insiders Synced Uposciogen
Five days from now, the market will once again face Trump's "final deadline." Will this be the real endgame, or just another round of back-and-forth?

When a Token Becomes Labor, People Become the Interface
In 2023, having a Card is king. In 2026, having a Token is king.

Ceasefire News Leaked Ahead of Time? Large Polymarket Bets on Outcome Before Trump's Tweet
Minutes before Trump's market-moving social media post, S&P 500 futures and crude oil futures also saw abnormal trading volume.

BlackRock CEO's Annual Shareholder Letter: How is Wall Street Using AI to Keep Profiting from National Pension Funds?
AI is creating enormous wealth, but wealth distribution and risk exposure are replaying in a familiar pattern
Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?
Hashpower will determine everything; human work will only be restructured, not disappear
Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times
17 minutes, 100k turned into 25M.
Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief
In the first 15 minutes of trading, $1.5 billion in futures trades have already taken place
From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?
Cloudflare is both building walls and opening windows. It provides both blocking tools and paid access tools. They decide what is kept out, what is allowed in, and under what conditions it can enter.
BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend
Rebuild capitalism that belongs to everyone.
When Backpack backstabs the community
Once a fundamental rift in trust appears, the cost that Backpack must pay to repair it is likely far more expensive than the profits previously "harvested" through service fees.
