Bitcoin price eyes prodded above $104,000 on Friday as Asia’s top ETF investor pours $691M into BlackRock’s BTC fund, reinforcing global institutional confidence. Could the rising spate of institutional inflows propel BTC above $120,000 in the weeks ahead. Bitcoin (BTC) Price Eyes $120K After Asia’s Largest ETF Investor Boosts BlackRock Exposure At press time, Bitcoin (BTC) traded at $104,007, holding above the psychologically critical $104,000 mark despite heightened volatility in the altcoin market this week. This resilience is being fueled by a surge of institutional interest, most notably from Asia’s largest ETF investor, who has now raised its investment in BlackRock’s Bitcoin ETF to $691 million. Avenir Group Confirms Holdings in Blackrock’s Bitcoin ETF (IBIT) and Fidelity’s (FBTC), May 2025 On Thursday, Avenir Group, Asia’s largest institutional investor in Bitcoin ETFs, has significantly increased its holdings in BlackRock’s iShares Bitcoin Trust (IBIT), according to a recent SEC filing. As of… Read More at Coingape.com
The Bitcoin’s fear and greed index surged from 37%, representing fear, to 47%, indicating neutral, in the last 24 hours.
Technical and fundamental analysis suggest the crypto market will gain bullish momentum ahead.
Bitcoin (BTC) price led the wider altcoin market in recording gains in the past 24 hours. For the first time since the March 4 selloff, Bitcoin price rallied over 5 percent in the past 24 hours to trade above $91.3k on Tuesday during the mid-North American session.
The wider altcoin market signaled bullish sentiment, thus the total crypto market cap gained over 3 percent to hover about $2.95 trillion at the time of this writing. Following the heightened volatility, more than $348 million was liquidated from the crypto-leveraged market, mostly involving short traders.
Forecasted Behind Bitcoin and Crypto Pump Today
Renewed Demand from Whale Investors
As gold price rallied to a new all-time high of about $3.5k/oz earlier on Tuesday, on-chain data shows whale investors have shifted focus on Bitcoin and selective altcoins. The renewed demand for Bitcoin and the altcoin market, by whale investors, significantly catalyzed bullish sentiment.
Notably, the U.S. spot BTC ETF issuers recorded a net cash inflow of more than $381 million, possibly signaling an end to a longstanding dry spell.
Rising Open Interest (OI)
According to market data from Coinglass, the total crypto Open Futures (OI) increased by about 13 percent in the last 24 hours to hover about $120 billion. Bitcoin’s OI surged by over 16 percent in the past 24 hours to hover around $69 billion at the time of this writing.
Macroeconomic Tailwinds
The wider crypto market gained a bullish outlook on Tuesday, partially catalyzed by notable gains in major stock indexes. The Dow, S&P 500, and the NASDAQ indexes had gained at least 2 percent during the mid New York trading session.
The improving negotiations of the global trade war played a crucial role in the bullish outlook.
What Next?
From a technical analysis standpoint, BTC price is well positioned to rally towards a new all-time high in the near future. According to Standard Chartered’s Geoff Kendrick in a note to investors on Tuesday, BTC price could rally to a new all-time high if concerns over the Federal Reserve’s independence persist.
The post Bitcoin Price Regains $91k After Seven Weeks: Top Reason Bulls are Ruling the Crypto Market appeared first on Coinpedia Fintech News
The Bitcoin’s fear and greed index surged from 37%, representing fear, to 47%, indicating neutral, in the last 24 hours. Technical and fundamental analysis suggest the crypto market will gain bullish momentum ahead. Bitcoin (BTC) price led the wider altcoin market in recording gains in the past 24 hours. For the first time since the …
The crypto price prediction today, May 8, is bullish amid widespread gains driven by President Donald Trump, who has teased an upcoming “big announcement.” Trump’s cryptic post drove Bitcoin and Ethereum close to $100,000 and $2,000, respectively. Meanwhile, meme coins were outperforming the broader market as PEPE, TRUMP, and BONK prices surged by more than 10%.
Crypto Prices Rally Amid Trump’s Major News
Data from CoinMarketCap shows that crypto prices are on a bullish trajectory today, with the total market cap posting a 3% intraday gain to reach $3.09 trillion. At press time, all the top ten cryptos were trading in the green.
The gains come after a recent post on Truth Social in which Trump noted that he would be making a major announcement on May 8. In a subsequent post, he revealed that this announcement would culminate in a big day for the US and the UK.
“This should be a very big and exciting day for the United States of America and the United Kingdom.”
This deal coincides with earlier reports that trade negotiations between the US and China will resume. US Treasury Secretary Scott Besset will lead trade talks with China’s Vice Premier He Lifeng on May 10.
The bullish news on major trade deals also comes on the back of the FOMC meeting in which the Fed left interest rates unchanged. Trump has reacted to Powell’s hawkish statement, terming him a “fool who doesn’t have a clue.”
Truth Social
These macro factors are fuelling crypto price volatility, with more than $368M positions being liquidated within 24 hours, as predictions suggest that the broader uptrend may continue.
Crypto Price Prediction as PEPE, TRUMP, BONK Lead Rally
As crypto prices rally, three top meme coins have stood out and have the potential to continue with the uptrend and clinch multi-week highs. These tokens include PEPE, TRUMP and BONK, which have gained by more than 10%.
PEPE Price Prediction as $0.00001 Rally Looms
PEPE price eyes an 18% rally to the upside after overcoming resistance at the neckline of a rounding bottom pattern. As the bullish momentum grows strong, as supported by the rising RSI to 72, this meme coin may soon reach the highly coveted $0.00001 price and get to its highest level since February. The ADX supports the bullish Pepe Coin price forecast as it appears to tip north after the recent downtrend, suggesting that bears are growing weak.
PEPE/USDT: 4-Hour Chart
TRUMP Price Eyes $15 as Bears Weaken
TRUMP trades at $12 with an 11% gain in 24 hours as it leads the rally in crypto prices. It eyes a breakout rally to $15 as the rising MACD line confirms that the bearish momentum is weakening. However, a bullish momentum will be confirmed after this indicator crosses above the zero line. Meanwhile, the Bollinger bands confirm that TRUMP is breaking out, and with a sustained rally, it may reach the 78.6% Fibonacci level of $15.
BONK price also eyes a parabolic rally after overcoming resistance at the neckline of a double-bottom pattern. If this pattern plays out, the rally will extend to the target price of $0.000020 in the near term, which is likely if the broader market sentiment remains positive. The AO histogram bars have also flipped green to confirm a momentum shift from bearish to bullish.
BONK/USDT: 4-Hour Chart
Summary
As crypto prices rally today amid positive macro factors driven by Trump’s “big announcement,” three meme coins have stood out with impressive gains, as the technical outlook suggests that further gains lie ahead. The price prediction for these crypto coins suggests that further gains lie ahead as buyers looking for quick profits start accumulating.
In the minds of many investors, Bitcoin (BTC) is like a dream of wealth—a magical asset capable of growing hundreds of percent annually and sending its value “to the moon” with million-dollar price tags.
Analyst Willy Woo believes that Bitcoin’s boom times may be over. However, not everyone agrees.
Willy Woo predicts Bitcoin’s CAGR will decline and stabilize at 8%
Woo shared a chart titled “Bitcoin Annualised Returns,” showing that Bitcoin’s compound annual growth rate (CAGR) has dropped sharply, from over 100% in 2017 to around 30–40% after 2020.
That was the period when major institutions, including corporations and governments, began accumulating Bitcoin.
“People think BTC is like a magical unicorn that climbs to infinity on moonbeams. Here’s the actual CAGR chart. We are well past the 2017 year where we’d see many 100s of percent growth,” Willy Woo said.
Woo forecasts that Bitcoin’s CAGR will continue to decline over the next 15–20 years and eventually stabilize around 8%. This rate aligns with long-term monetary growth (5%) and GDP growth (3%). He emphasized that even with a lower CAGR, Bitcoin will still outperform most other publicly traded assets.
However, investor and author Fred Krueger disagreed. He pointed out that Bitcoin has already increased 7x from its December 2022 low, now trading at $103,000 as of May 2025.
Additionally, in a recent interview, Arthur Hayes went even further. He predicted that Bitcoin would reach $1 million before the end of Donald Trump’s current term. He expects the price to hit $250,000 by the end of 2025, representing a 1,000% increase in just four years.
GDP and liquidity growth seen as key drivers of Bitcoin’s future gains
Woo’s prediction is largely based on GDP expansion and monetary growth. Meanwhile, Paul Guerra, Head of Social at RealVision, offered deeper insights on the matter.
Discussing liquidity, he argued that traditional diversification strategies may no longer work in today’s market environment. That’s because assets like stocks, bonds, Bitcoin, and real estate now tend to move together, driven by a single key factor: liquidity.
“The true driver of markets is liquidity — the amount of money flowing through the system,” Paul said.
The Global Liquidity Index is currently growing at 8% annually. To understand liquidity, Paul suggested that we must first understand GDP. He presented a formula for GDP growth: GDP Growth = Population Growth + Productivity Growth + Debt Growth.
But today, population growth and productivity are declining worldwide. As a result, governments are being forced to inject liquidity to sustain GDP and support rising debt.
“Populations are AGING. Productivity gains are FLAT. Debt is EXPLODING. To keep GDP alive and service people’s debt, governments have only one tool: Pump liquidity,” Paul explained.
Bitcoin Price And GMI Total Liquidity Index. Source: Paul Guerra.
As a result, liquidity is expected to increase at an even faster rate. Paul predicted that Bitcoin could reach $300,000 by the end of 2025 and enter what he calls the “Banana Zone.” This term describes periods of massive asset price increases fueled by abundant liquidity.
Historical examples include Bitcoin’s 19,900% gain from 2013–2017, and Ethereum’s 699,900% surge in previous cycles.
Still, these analyses focus heavily on macroeconomic factors while overlooking potential technical risks. For instance, concerns are growing that advancements in quantum computing could threaten trust in Bitcoin’s long-term viability.
