Analysts are saying May could be a game-changing month for #Bitcons , with a possible push toward the $100,000 mark. According to BlockBeats, insights from BiyaPay point to strong momentum fueled by institutional money flowing into ETFs, the recent halving cycle, and growing demand for Bitcoin as a macro hedge.
From April 20 to 26 alone, #Bitcoin spot ETFs pulled in $3.1 billion in net inflows—a new weekly record. #BlackRock’s IBIT fund has even overtaken its own gold ETF in size, becoming the main entry point for traditional investors. Standard Chartered noted that Bitcoin is starting to take gold’s place as a go-to hedge, and we’re seeing a pattern where institutional money enters first, followed by retail investors.
Historically, #Bitcoin tends to rally hard 12–18 months after a halving. After the 2020 halving, we saw a 536% price jump. This time, analysts are eyeing May 2025 as the potential peak of the cycle, with price targets around $156,000. If Bitcoin breaks above $100K this month, it could spark FOMO and drive prices even higher.
On the macro side, a weaker U.S. dollar and rising concerns around Treasury bonds are pushing more people toward #Bitcoin as a safe haven. Earlier in April, the market got shaken up by tariff rumors, showing just how sensitive Bitcoin still is to global economic shifts. In derivatives, things are mixed—retail traders are getting cautious, but institutional players are still going strong, with a 6.5% premium in two-month futures. MicroStrategy’s latest move—adding 15,000 BTC at an average price of $92,700—also shows strong long-term conviction.
Technically, #Bitcoin is becoming more independent too. Its correlation with the S&P 500 has dropped to 29%, reinforcing the idea that it’s becoming “digital gold.” Whether we see continued ETF inflows or a pause, May will be a key test. Analysts suggest keeping an eye on on-chain activity and institutional trends—while avoiding high leverage plays—as this month could be a major turning point for the crypto market.