{"id":155777,"date":"2025-05-01T17:00:29","date_gmt":"2025-05-01T14:00:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155777"},"modified":"2025-04-30T16:57:18","modified_gmt":"2025-04-30T13:57:18","slug":"bitcoin-poised-to-smash-100k-as-historic-may-rally-kicks-in","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-poised-to-smash-100k-as-historic-may-rally-kicks-in\/","title":{"rendered":"Bitcoin Poised to Smash $100K as Historic May Rally Kicks In"},"content":{"rendered":"<p>While its year-to-date growth remains modest at around 1.4%, traders are now closely watching the $95,000 resistance level. If broken, many believe it could open the door for Bitcoin to <strong><a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1916508636345782511\" target=\"_blank\" rel=\"nofollow\">surge past the $100,000<\/a> <\/strong>milestone as early as May.<\/p>\n<p>Interestingly, the cryptocurrency appears to have decoupled from traditional equities and is now tracking closer to gold in terms of market behavior.<\/p>\n<p>This shift comes amid increasing money supply and a broader macroeconomic backdrop that favors non-traditional stores of value. Analysts suggest that a further 5.5% uptick from current levels would be enough to propel Bitcoin into six-figure territory.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/blackrock-buys-nearly-1-billion-in-bitcoin\/\" title=\"BlackRock Buys Nearly $1 Billion in Bitcoin\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/F500-2021-BlackRock-scaled-e1690493129197-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">BlackRock Buys Nearly $1 Billion in Bitcoin<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Market expert Michael van de Poppe emphasized that Bitcoin still hasn\u2019t reached a new high when measured against gold, suggesting the current cycle\u2019s true bullish phase may not yet have begun. According to him, Bitcoin remains about 30% below its 2021 peak relative to gold, signaling room for significant upside.<\/p>\n<p>Historical data further supports this outlook. According to CoinGlass, Bitcoin has averaged nearly 8% gains in May over the past decade. If this trend holds, prices could exceed $102,000 this month. Even its median performance for May \u2014 just over 3% \u2014 would bring it close to $98,000.<\/p>\n<p>Coupled with improving investor sentiment and signs of easing global trade tensions, the conditions may be lining up for Bitcoin to finally crack the $100,000 mark.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has gained momentum over the past week, rising over 6% to hover just below the $95,000 mark.<\/p>\n","protected":false},"author":3,"featured_media":139276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-155777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Poised to Smash 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