CryptoWorld news reports that analysts predict Bitcoin (BTC) prices could return to $100,000 in the near future, mainly driven by strong capital inflows into Bitcoin ETFs. On May 5, Bitcoin ETFs recorded approximately $467 million in net inflows, reflecting strong bullish sentiment. Data shows that BlackRock’s Bitcoin ETF (IBIT) attracted the highest inflow, reaching $251.4 million, while Fidelity’s FBTC followed closely with $133.2 million. Analyst Ali Martinez noted that since April 13, when Bitcoin’s MACD formed a bullish crossover, the BTC price has maintained “structural strength” and has risen by 15%. He added that if Bitcoin’s price breaks above the $83,000 200-day moving average, it will pave the way for further upside.

BTC-1.53%
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