$BTC Bitcoin (BTC) showed strong performance in early May 2025, with prices nearing the $100,000 mark, and a 14% increase over 30 days. On-chain demand turned positive for the first time since February, but institutional capital inflows remain below 2024 levels, indicating that market momentum relies on existing holders rather than new capital. Technical analysis shows that if it breaks through the $96,000 resistance level, it may challenge $105,000; if it pulls back, support is at $93,000. Market sentiment is bullish, and analysts predict that if the macro environment stabilizes, it could reach $150,000 in the summer.