$BTC Bitcoin Ready for a Historic Turning Point in May 🚀🚀🚀

According to BlockBeats, analysts at BiyaPay suggest that Bitcoin could experience a historic turning point in May, potentially challenging the resistance level of $100,000💰💰. The key factors driving this trend include a substantial influx of institutional funds into ETFs, the effect of the halving cycle, and the demand for macroeconomic hedging.

Between April 20 and April 26, Bitcoin spot ETFs recorded a net inflow of $3.1 billion, setting a weekly record. Interestingly, BlackRock's IBIT fund has surpassed the size of its gold ETF, becoming the main channel for traditional funds entering the market. Standard Chartered has noted that Bitcoin is increasingly replacing gold as the preferred hedge, with the draining effect of the ETF fund creating a pattern of institutional support followed by retail participation. And you, what do you think, can Bitcoin reach $100,000 by May? 🚀🚀💰💰💰