Bitcoin Price Prediction: Bitcoin Hits $100K, How High Can It Go This May?

Bitcoin is trading above $100,000 again.

But is today’s Bitcoin rally just temporary, or are we gearing up for an extended run that carries us even higher throughout May?

Let’s walk through how Bitcoin is performing, the biggest catalysts to consider, and why patience could pay off big time.  

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Bitcoin Surges to $100K as Spot Trading Volumes Explode

Now that Bitcoin is back above $100,000, its momentum is hard to ignore.

It’s up nearly 3% in the past 24 hours alone, pushing total gains north of 25% since this time last month.

Trading volume is also exploding – spot action has topped $55 billion since yesterday, a whopping 67% jump from the day before.

Looking at the technicals, the RSI is sitting at 56 on the daily chart, which means there’s still room before we hit overbought territory.

But it’s not just technical factors fueling this rally.

Institutions are getting back involved: ETF inflows are picking up again, and giants like Strategy (formerly MicroStrategy) now hold over $40 billion in BTC.

Add in the ongoing talk about a U.S. Bitcoin strategic reserve, and you’ve got a recipe for real demand.

That helps explain why Bitcoin is surging right now.

Bitcoin Price Prediction for May – How High Can BTC Go?

Now, let’s talk about what’s next.

If Bitcoin wants to keep climbing throughout May, it will have to create firm support around the $100,000 level – expect the bulls and bears to battle it out here in the coming days.

From a catalyst standpoint, the picture looks positive.

As noted above, ETFs pulled in billions last week, big players like BlackRock are investing more and more, and corporate treasuries are quietly adding BTC.

On the government front, New Hampshire becoming the first state to approve a crypto reserve is a stamp of approval that can’t be ignored, giving even risk-averse investors a confidence boost.

Then there are whispers of cooling U.S.-China trade tensions and a chance that the Fed cuts interest rates later in the summer.

All of these factors are positive for risk assets like Bitcoin.

If this momentum holds, a move towards $110,000 before the end of May isn’t out of the question.

And who knows – maybe a push to $120,000 if demand really picks up.

However, these bullish price targets all hinge on Bitcoin creating support above the $100,000 battleground.

BTC Bull Token Leverages Bitcoin’s Rally for Big Rewards – Is BTCBULL Next to Pump?

One new project that could capitalize on Bitcoin’s momentum is BTC Bull Token (BTCBULL).

If Bitcoin is leading the way, BTCBULL is its sidekick.

It’s an ERC-20 token built to mirror Bitcoin’s price moves – without you having to buy BTC directly.

When Bitcoin hits key price milestones ($150K, $200K, $250K), holders get real Bitcoin airdrops.

Plus, periodic token burns cut the supply, a classic scarcity play that could make the remaining BTCBULL tokens more valuable.

Right now, BTC Bull Token is still in its presale phase.

The presale has raised $5.3 million so far, with early investors able to stake their tokens right away for a huge APY.

Tokens are priced at just $0.0025 during the current presale stage, but that price will rise as new stages begin.

And everything has been audited – both Coinsult and SolidProof have confirmed BTCBULL’s code is clean.

There’s even an integration with Best Wallet to make managing your rewards as simple as possible.

YouTuber Crypto ZEUS believes BTCBULL is primed for a “huge 2025.”

Now that Bitcoin itself is trading above $100,000, the project’s milestone-based rewards will soon kick into gear.

For anyone looking to boost their crypto portfolio, BTC Bull Token might just be the hidden gem no one is talking about yet.

Visit BTC Bull Token Presale

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.