Bitcoin Hits $105K — Are New All-Time Highs Just Around the Corner? 🚀💥
When Bitcoin breaks $100K and keeps climbing, you know the bulls are back.
On May 2nd, BTC hit $105,722, and according to Crypto Dan, that’s not just another pump — it’s a signal.
Here’s what the data says:
• Realized Price is Rising: Investors are buying $BTC at higher and higher prices, indicating confidence in the rally.
• Bullish Sentiment Index surged from 20 to 80 points, reflecting renewed FOMO as BTC crossed $100K.
• New Wallets Are Popping Up: 344,620 new BTC addresses created in the past week alone, per Santiment.
And it’s not just retail FOMO.
Analysts from CryptoQuant are pointing to macro factors that could fuel the next leg up:
• Loose monetary policy expectations — more cheap money = more risk-taking.
• SEC Chairman Paul Atkins hinted at more regulatory clarity for crypto — potentially unlocking new institutional inflows.
Next targets?
• $108K — the last major resistance before open skies.
• Beyond that? The FOMO cycle could push BTC into uncharted territory.
Are we about to see another Bitcoin mania?
Or is this just another bull trap before the crash?
Drop your take below — are you holding, stacking, or taking profits at $100K? 👇💰