$BTC Bitcoin is poised to break its historical high! May may see a significant surge

Bitcoin recently rose by 11%, surpassing $94,000, demonstrating strong resilience. From April 20 to 26, net inflows into spot ETFs reached a record $3.1 billion, greatly enhancing market confidence. Although there are bearish signals in the Bitcoin derivatives market, especially with perpetual futures showing negative funding rates, the overall market recovery remains robust.

Particularly driven by the rise of the S&P 500 index, Bitcoin's performance is increasingly diverging from the stock market, reinforcing its status as an independent asset class. Even though gold has failed to sustain its upward trend, investor confidence in Bitcoin is gradually increasing, especially when prices remain above $90,000.

Moreover, the active accumulation by institutional investors suggests that Bitcoin may still break the $100,000 barrier in the near future, potentially setting new historical highs.