$BTC

Will Bitcoin break 100k during the May Day holiday?

Bitcoin surged 11% between April 20 and 26

Currently hovering around $94,000

It fluctuates between dropping below 95, 94 and then breaking above 94, 95

Due to a large amount of short positions being liquidated, the correlation between Bitcoin and stocks has weakened

Additionally, institutional investors remain bullish

Which helps Bitcoin accelerate towards new highs.

Last week, Bitcoin spot ETFs received

A record net inflow of $3.1 billion

Can it return to the 100k threshold?

Right now, this market is actually in a boring phase

Wanting to buy the dip isn't the bottom, and wanting to take profit when it’s not 100k.