$BTC Bitcoin in May 2025: A Rollercoaster Ride

Price Pump: Bitcoin has been on a high this month, breaking through the $100000 barrier and even touching $104700.

Whale Influx: Spot Bitcoin ETFs have seen over billions in inflows, signaling strong whale confidence.

Legislative Moves: Arizona and New Hampshire have enacted laws allowing state involvement with cryptocurrencies, reflecting a growing acceptance at the state level.

Strategic Reserves: The US has started a Strategic Bitcoin Reserve, aiming to strengthen its place in the global crypto market.

Market Sentiment: Positive sentiment is fueled by easing trade tensions and a potential US China deal, boosting investor confidence.

Technical Outlook: Analysts suggest that if Bitcoin maintains momentum, it could reach up to $120000 in 2nd quarter of 2025.

May has been a bullish month for Bitcoin, driven by whale interest, favorable guidelines, and collective market knowhow. However, as always, potential investors need to stay updated and make profits.