#BTCBackto100K 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. #BinanceSquareTalks