Towards A New Record For Bitcoin In May? The Signals Are There
Bitcoin has just crossed the symbolic $100,000 mark again, rekindling investor optimism. Analysts are now pointing to a new all-time high above $110,000 by the end of May. What are the factors driving this renewed confidence?
In Brief
- Bitcoin has performed exceptionally well in all economic environments since the American election.
- Its Sharpe ratio of 1.72 (second only to gold) demonstrates its maturity as a financial asset.
- The dominance of buyers in the spot market indicates strong institutional interest.
- Over $4.5 billion has been injected into Bitcoin ETFs since April 1st.
The probability that Bitcoin will exceed $110,000 in May is increasing
Bitcoin crossed the $100,000 mark in early May, sparking speculation of a continued rise.
According to Bitcoin Suisse, a prestigious crypto custody services provider, Bitcoin’s strength lies in its unique ability to thrive in diametrically opposed economic contexts since Donald Trump’s victory.
The data from their “Industry Rollup” report highlights Bitcoin’s impressive Sharpe ratio (1.72). This financial indicator measures the risk-adjusted returns of an asset.
The higher this ratio, the more the investment is considered performing. In 2025, only gold surpasses Bitcoin on this criterion, demonstrating its growing maturity as an asset class.
Dominic Weibei, research director at Bitcoin Suisse, perfectly summarizes this versatility:
Bitcoin has established itself as a true Swiss Army knife. Whether stocks rise or bonds collapse, BTC trades according to its own fundamentals, offering a win-win profile unmatched by traditional assets.
Unprecedented Institutional Demand
On May 7th, a significant turning point occurred: the cumulative 90-day volume delta of spot Bitcoin takers became predominantly buyer-side for the first time since March 2024. This indicator, which measures the net difference between buy and sell volumes, confirms sustained buying pressure.
This buying momentum is largely fueled by a massive influx of institutional capital. Spot Bitcoin ETFs have recorded over $4.5 billion in inflows since early April, creating considerable buying pressure in a market where supply remains limited.
Meanwhile, Fidelity Digital Assets, in its Q2 2025 “Signals” report, anticipates that Bitcoin is entering a new “acceleration phase.” According to Zack Wainwright, analyst at Fidelity, this phase is historically characterized by “high volatility and high profits.”
All in all, the combination of this growing institutional demand with Bitcoin’s versatility as a dual-purpose investment (hedge against inflation and growth asset) creates the ideal conditions to propel the BTC price beyond $110,000 as soon as this May.
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Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.