$BTC flirts with $100K: Is the takeoff coming?

Today, May 2, 2025, Bitcoin is trading around $97,719 USD, with a 0.73% increase in the last 24 hours. During the day, it has reached a high of $97,838 and a low of $96,263.

This momentum has been supported by an increase in flows to Bitcoin ETFs, which recorded a net inflow of $422.5 million on May 1, led by IBIT with $351.4 million.

Moreover, the recent consolidation of gold has led some investors to consider Bitcoin as an attractive alternative, which could be contributing to its current rally.

Will this be the moment when $BTC breaks the $100K barrier?