Bitcoin Breaks $100K as BTC Nears New ATH with Bulls Roar in May 2025

Arizona Bill and State-Level Adoption Boost Investor Sentiment

The state of Arizona has introduced legislation allowing the creation of a crypto reserve fund—joining New Hampshire, which already passed similar laws earlier this year. This move is a major signal to investors that U.S. state-level governments are warming up to crypto, potentially laying the groundwork for broader adoption across the public sector.

Institutional Interest Soars: ETFs and Whale Accumulation

Bitcoin ETFs are once again seeing massive inflows, with over $1.3 billion in net investments recorded this month alone. Major institutions and funds are re-entering the market ahead of a potential breakout. On-chain data also confirms an increase in whale accumulation, with BTC being pulled off exchanges and held in cold storage—typically a bullish signal.

BTC Price Prediction: New BTC ATH Incoming?

BTC's current all-time high stands at $109K, recorded in January 2025. With today’s candle tapping $100,500 on some exchanges before a slight correction, bulls are clearly in control. Technical analysts are eyeing the psychological resistance of $100K, and if broken convincingly, BTC could enter price discovery with targets set at $110K–$120K in the near term.

By TradingView - BTCUSD_2025-05-08 (YTD)

BTC Price May 2025: Is $100K Just the Beginning?

Whether or not BTC officially breaks its all-time high today, one thing is certain—the sentiment has shifted dramatically. Bitcoin is once again the star of global finance, attracting institutional flows, mainstream media attention, and retail FOMO. As the perfect storm of macroeconomic drivers converges, BTC may not just be aiming for $100K—it could be preparing for much more.