The main dishes to remember:
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Bitcoin’s capitalization has reached a record of $ 890 billion, reflecting a strong conviction for investors as long -term and short -term holders increased allowances.
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Large Bitcoin holders with more than 1,000 BTC have been accumulated significantly since March 2025, reflecting the trend in the first quarter of 2024.
Bitcoin (BTC) The price experienced a short sole of $ 97,000 on May 6, shortly after the US Treasury Secretary Scott Bessent announced that commercial talks would start with China on May 10. At the same time, the capitalization made of the BTC, a metric measure adding the value of the dollar of all the parts at their last price, increased to a new summit of $ 890 to 7 years. Record growth.
The increase in the ceiling made highlights the total investment held by Bitcoin owners, with long -term holders (LTH) and short -term holders (STH) increasing their positions. It reflects the conviction of investors, signaling potential anticipation for a price break.
Recent market trends supported this optimism. Cointelegraph reported These major Bitcoin holders are actively accumulating Bitcoin since the end of March 2025. The data indicate that portfolios between 10 and 10,000 BTC added 81,338 BTC over six weeks. This accumulation signals confidence in the current price trend and the possibility that BTC returns to $ 100,000.
Glassnod data revealed a significant increase in Bitcoin whale addresses containing more than 1,000 BTC, from March 1,945 from March 1 to 2,006 on May 7. This marks the most significant increase of 30 days for this cohort in 2025 and the highest of overvoltage since the first quarter of 2024, when a similar accumulation trend preceded Bitcoin High in March 2024.
Related: Why is the price of bitcoin up today?
Can Bitcoin join $ 100,000?
The Bitcoin support zone between $ 93,000 and $ 95,000 showed resilience on May 6, the BTC Bulls holding the level, supported by an activity in long perpetual positions.
There is downward liquidity between $ 91,600 and $ 89,000, which Bitcoin could reset if the lower time persists after this week’s FOMC reports and the federal reserve pressure. However, if BTC breaks above the resistance zone from $ 97,000 to $ 99,000, the higher prospects of delay (HTF) could bow to the bulls.
This resistance zone has weight due to a price cluster formed in the first quarter, which had previously led to a movement down. If the BTC price erases $ 99,000, it could change market dynamics, potentially put pressure on short positions and add to the bullish liquidity.
The level of $ 100,000 seems to be more a psychological marker than a significant level of resistance. If the BTC exceeds the resistance from $ 97,000 to $ 99,000 and establishes it as support, it could open the way to a transition to $ 110,000, although it would depend on the conditions of the market and the momentum.
Michael Van de Poppe, founder of MN Capital, suggested The fact that the decline below $ 94,000 and the subsequent recovery can indicate a background of the market. He expressed his optimism as to a potential Bitcoin escape at $ 100,000 in the next two weeks.
On the other hand, Crypto Trader Honey expected A constant increase for BTC, predicting a new summit of all time of $ 111,111 at the end of T2.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.