【VKGAME Virtual Currency】Will Bitcoin Surge to $100,000 in May? Three Major Engines Drive Historic Market Trends
As the April market closes, Bitcoin has returned to a price of $94,000. Despite ongoing doubts about macro variables such as US-China relations and Federal Reserve policies, institutional accumulation, short liquidations, and the macroeconomic environment are resonating to pave the way for Bitcoin to challenge the $100,000 mark in May. Historical experience shows that when retail investors hesitate while institutions remain firm, it often signals the starting point of a new market trend. This article will break down the three core logical supports for Bitcoin's price increase and discuss potential risks and market signals.
The current global macroeconomic landscape is creating a rare favorable environment for Bitcoin. The US dollar index has continued to weaken in the latter half of April, reflecting not only the weak economic data from the US in the first quarter but also the strong market expectations for interest rate cuts by the Federal Reserve this year. Historical data indicates that periods of dollar depreciation often correlate highly with Bitcoin's price increases, as its appeal as a scarce asset priced in dollars significantly rises. Meanwhile, the International Monetary Fund (IMF) has downgraded its global economic growth forecasts and issued warnings about the resurgence of inflation, further diminishing the allocation value of traditional stocks and bonds.
It is noteworthy that the application of cryptocurrency in the digital entertainment sector is also broadening its value scenarios. For example, VKGAME, a leading global online digital entertainment platform, has been providing secure and efficient entertainment experiences for users worldwide since its establishment in 2016 by integrating esports events, interactive entertainment, and a diverse gaming ecosystem.
The strategic layout of institutional investors serves as the most solid underlying support for the current market trend. MicroStrategy, despite reporting losses for five consecutive quarters, has announced plans to raise $21 billion through equity offerings to increase its Bitcoin holdings. This extreme strategy of "buying more as prices fall" reflects traditional enterprises' determination to view Bitcoin as a long-term strategic reserve. Data shows that in the last week of April alone, spot Bitcoin ETFs recorded a net inflow of $3.1 billion, setting a new high since their listing in January. Such a scale of fund entry is profoundly changing the supply and demand structure of Bitcoin. Currently, there are only about 4 million Bitcoin available for trading in circulation, while institutional weekly accumulation has accounted for 0.2% of the circulating supply. If this trend continues, the market will quickly enter a state of liquidity contraction.