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If ETF inflow and institutional (like black rock) buying continues, $85k is definitely within the reach this month
Bitcoin breaking 85k before the end of the month would not be surprising given the recent recovery above 80k
Btc looks strong technically right now but one bad Marco event could delay the move until June
The predition markets are giving roughly a coin flip probabilty for btc touching 85k in may. On the bearish side, btc has already been rejected near 82.5k recently and etf outflows plus profit taking are slowing momentum
Bitcoin breaking $85k before the end of may is def possible but right now the market looks divided between a bullish breakout and another rejection around the lows of $80k
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