BTC Sentiment Poll for May

[dezoel]

But what do you guys think? And what do you guys think is causing the uptrend?  Are the big guys finally starting to buy?

The overall performance in April was really strong.
It showed a gradual and progressive price recovery from the massive decline of the past few months. I'm not 100% certain, but I feel this might just be it. It's already $81K as of now, and it's looking like $82K might come soon before the day runs out_(hopefully). And as for the possible cause, I haven't really come across any concrete news. The few news I have seen aren't really worth the uptrend, although some of them might worth it because they involve a massive purchase of Bitcoin.

I agree, it's looking green, and reached 81k+ and that is quite good for bitcoin. I have no idea how this is happening even still, but considering oil prices are rising, inflation will also rise a lot and that means more dollars will be needed to buy the same thing, the product did not got expensive, dollar got cheaper, and that means dollar getting cheaper is the same as bitcoin price going up.

That's literally the entire cycle and because oil went up now, that also equals bitcoin going up too.

[Iranus]

I agree, it's looking green, and reached 81k+ and that is quite good for bitcoin. I have no idea how this is happening even still, but considering oil prices are rising, inflation will also rise a lot and that means more dollars will be needed to buy the same thing, the product did not got expensive, dollar got cheaper, and that means dollar getting cheaper is the same as bitcoin price going up.

That's literally the entire cycle and because oil went up now, that also equals bitcoin going up too.

If a weak USD were the reason Bitcoin was rising, then gold would also rise, but in reality it is falling.

Furthermore, no historical pattern showing that whenever oil prices rise, Bitcoin rises as well. In fact, the opposite has happened during the recent conflict, where each time oil went higher, gold and Bitcoin tended to drop.

To me, the financial market does not follow any fixed pattern or rule. Their movement depend on investor sentiment and cash flow at that time. It is as simple as that.

[jcojci]

I agree, it's looking green, and reached 81k+ and that is quite good for bitcoin. I have no idea how this is happening even still, but considering oil prices are rising, inflation will also rise a lot and that means more dollars will be needed to buy the same thing, the product did not got expensive, dollar got cheaper, and that means dollar getting cheaper is the same as bitcoin price going up.

That's literally the entire cycle and because oil went up now, that also equals bitcoin going up too.

If a weak USD were the reason Bitcoin was rising, then gold would also rise, but in reality it is falling.

Furthermore, no historical pattern showing that whenever oil prices rise, Bitcoin rises as well. In fact, the opposite has happened during the recent conflict, where each time oil went higher, gold and Bitcoin tended to drop.

To me, the financial market does not follow any fixed pattern or rule. Their movement depend on investor sentiment and cash flow at that time. It is as simple as that.

No need to know how this could happening and better enjoy the moment. If $81k is your target price to sell, this is it and you can sell it and wait for the next down. But if your target price still far, you can continue accumulating preparing for the next jump.

I guess the increasing of Bitcoin price sometimes not related to the world so we don't know the real reason why it is increases. Maybe it is just a right moment for Bitcoin to increase so that is happening now.

But we should be careful as no one know what happening next.

[summonerrk]

The latest Bitcoin ETF attacks do not inspire optimism, although there is a predominance of positive aspects on the broader horizon. Well, as for treasuries, the situation is clearly far from alarming. The main cryptocurrency event this week will take place on May 14th. That's when the Senate Banking committee will hold a meeting to consider a bill that, for the first time, should ensure comprehensive regulation of the industry, meaning cryptocurrency, at the federal level.This will be the second attempt by the Senate Banking Committee to discuss the bill after it was canceled in January due to disagreements. Of course, these data will be monitored by institutions, and this is highly likely to affect the price of Bitcoin. We will wait for this information, but for now we are in the corridor 80-82k.

[Ayers]

I agree, it's looking green, and reached 81k+ and that is quite good for bitcoin. I have no idea how this is happening even still, but considering oil prices are rising, inflation will also rise a lot and that means more dollars will be needed to buy the same thing, the product did not got expensive, dollar got cheaper, and that means dollar getting cheaper is the same as bitcoin price going up.

That's literally the entire cycle and because oil went up now, that also equals bitcoin going up too.

If a weak USD were the reason Bitcoin was rising, then gold would also rise, but in reality it is falling.

Furthermore, no historical pattern showing that whenever oil prices rise, Bitcoin rises as well. In fact, the opposite has happened during the recent conflict, where each time oil went higher, gold and Bitcoin tended to drop.

To me, the financial market does not follow any fixed pattern or rule. Their movement depend on investor sentiment and cash flow at that time. It is as simple as that.

No need to know how this could happening and better enjoy the moment. If $81k is your target price to sell, this is it and you can sell it and wait for the next down. But if your target price still far, you can continue accumulating preparing for the next jump.

I guess the increasing of Bitcoin price sometimes not related to the world so we don't know the real reason why it is increases. Maybe it is just a right moment for Bitcoin to increase so that is happening now.

But we should be careful as no one know what happening next.

Although inflation, war, and crises have a significant impact on the market. But we need to understand that the market is influenced by many different factor, not just those few. Market have their own cycles, and sometimes prices can move up on their own when the timing is right, and driven by their own internal momentum.

We do not necessarily have to run around trying to find the cause every time it fluctuates. Remember that Bitcoin is unpredictable, so there is no need to overcomplicate things.

[AprilioMP]

A close at $80,000 in the first week. Setting $100,000 as the next price target makes perfect sense given the current market conditions.
I don’t want to jump to conclusions and declare this a bullish signal until the end of the year because things could still turn around. $80,000 has become a solid support level, but I feel that it just needs time, and this is the real possibility.

At the end of the year, everyone knows whether it's bullish or bearish.
I'm pretty sure Bitcoin will be bullish this month, but it will correction next month.
We often see this happen after a few months of bullishness, then a correction, but hopefully it won't be deep enough to bounce back.
By the end of this month, I predict the highest price will be $85,000-$90,000.

This month, I’m still not entirely convinced about a bullish trend because, as of the start of the second week, the price is still hovering around $80,000.
If the bullish trend we’re referring to involves breaking through certain price levels, I might not be bold enough to predict it will reach $100,000, but for a price range of $85,000 to $90,000 this month, I think it’s still possible given the current speculation.
This doesn’t mean I don’t believe in Bitcoin, but it comes down to the market’s ability to generate high demand that can drive price increases.

[Awaklara]

This month, I’m still not entirely convinced about a bullish trend because, as of the start of the second week, the price is still hovering around $80,000.
If the bullish trend we’re referring to involves breaking through certain price levels, I might not be bold enough to predict it will reach $100,000, but for a price range of $85,000 to $90,000 this month, I think it’s still possible given the current speculation.
This doesn’t mean I don’t believe in Bitcoin, but it comes down to the market’s ability to generate high demand that can drive price increases.

Like you, I also don't think Bitcoin will start a bullish trend this month. Its movement will still be slow; I guess that for this month, it may not go higher than $85k. Bitcoin may continue to move at the $80k-$85k price range in the next two weeks.
This month might close with a green trend, but its movement is likely to be sideways. Not a short-term movement that gives surprises.

[Bitcoin_people]

The price of Bitcoin seems to be slightly higher in May compared to April, as the market has already touched $80,000. According to the current market situation, it seems that it will go close to $90,000 by the end of May and we can end this month with this expectation. The Bitcoin market is seeing such changes every month which is really interesting. We can expect the market to change more in June compared to May. I believe that the price of Bitcoin will touch $90,000 in June, many are predicting this, the market candles are continuously indicating this.

[Nathrixxx]

Now we can see the movies ability to how we can maintain $80,000 and above for this month of May, while is likely we even cross down to $90,000 as the case may be by the end of the month or the following month, seems like the market is pumping this time around and we are not seeing much of the down trend as we do have previously, let us still be on a lookout anytime from now as the market may try to be more volatile in either of the two direction, which is to fall a little bit or pump more than we already had.

[AprilioMP]

[edited out]

Like you, I also don't think Bitcoin will start a bullish trend this month. Its movement will still be slow; I guess that for this month, it may not go higher than $85k. Bitcoin may continue to move at the $80k-$85k price range in the next two weeks.
This month might close with a green trend, but its movement is likely to be sideways. Not a short-term movement that gives surprises.

Based on the monthly return data, I am optimistic that Bitcoin will close in the green with a percentage that is not significantly different from May of last year. Last May’s percentage was nearly +11%, or more precisely +10.99%.
It will be easier to predict the market conditions by the end of the third week, making it simpler for traders or investors to use strategies and interpret the chart’s direction.

$80,000–$85,000 is very likely to be reached given the current situation, and while I still believe $100,000 is too difficult to break through in May, I remain optimistic about reaching that level by year-end.

[Anthony Bill]

Month of April is gone and we are in the month of may which is the month of hope for bull market. We have seen increased in the price of Bitcoin in the month of April but this month of may prediction will be higher than last month because the price will increase higher to hit $90k in this month of may and that is my prediction to this month of may. Some people will be move in this month to release their Bitcoin for sale anything that will make the price to hit $180k because it will going to double their profits and confidence toward holding Bitcoin for long term.

[adultcrypto]

Bitcoin spent the last few months engineering liquidity and trapping both long and short position traders, that js to say that we are entering a market that will remain in compression for a while probably to wear people out and force some to close their positions in loss. That is to say that I'm not expecting any majoy move in this early part of the month of May, the highest price I see is $85k before we enter into another correction that will continue to range between $79k and $85k, although this will leave price likely in net positive dir the month of May. Therefore, I have a positive mindset for this month but not some huge bullish moves.

[bangjoe]

Now we can see the movies ability to how we can maintain $80,000 and above for this month of May, while is likely we even cross down to $90,000 as the case may be by the end of the month or the following month, seems like the market is pumping this time around and we are not seeing much of the down trend as we do have previously, let us still be on a lookout anytime from now as the market may try to be more volatile in either of the two direction, which is to fall a little bit or pump more than we already had.

Currently it is still holding at $80k, it shows the strength of the current price, it just hasn't been able to break through to higher levels such as $85k, the current price formation will not last long above $80k, if more than 3 weeks it is possible that we can go to a higher price.
The current sentiment is still fairly safe from the economic side and global conflicts, but we have not seen further potential because we are in a bear market even though the price is $80k, there is something nagging in me like BTC is indeed being held back from going down first, maybe it's true that we need to be careful especially for short-term traders, for investors they just sit tight.

[skarais]

~~~

Currently it is still holding at $80k, it shows the strength of the current price, it just hasn't been able to break through to higher levels such as $85k, the current price formation will not last long above $80k, if more than 3 weeks it is possible that we can go to a higher price.
The current sentiment is still fairly safe from the economic side and global conflicts, but we have not seen further potential because we are in a bear market even though the price is $80k, there is something nagging in me like BTC is indeed being held back from going down first, maybe it's true that we need to be careful especially for short-term traders, for investors they just sit tight.

We are in a bear market, this may be the reason why the price is unable to break through higher resistance levels. The price growth in the last month has been good, but it is not a guarantee to see the price reach $100k again in May. On the other hand, a sense of optimism is emerging from various analyses suggesting that Bitcoin currently holds very positive sentiment for a bullish run. I cannot say with certainty whether this will actually come to pass, nevertheless, the course of action we should take right now is to continue holding as much Bitcoin as we can. Traders can be careful, but holders should know what they need to do to achieve long-term goals.

[As-Soon-As]

The price of Bitcoin has been solidified at its current position above $80K, because in this situation of war and economic recession, it is a good idea that the price of Bitcoin will naturally improve, but the third week of May will come and the first weeks of the quarter have been quite good.
The price of Bitcoin in May is very different from the price of Bitcoin in the previous month, it touched $82K in mid-May, but I think the price of Bitcoin will definitely touch the $90K level in the last quarter of May.

[LogitechMouse]

April ended being a good month again...  Nice!  If I were to vote in this poll, I'd def vote that BTC would stay above 80k at the end of the month.

But what do you guys think?  And what do you guys think is causing the uptrend?  Are the big guys finally starting to buy?
---

I don't know about others, but I have this feeling that $80,000 will not be sustained for the whole month, and we might see Bitcoin ending below it by the end of it.

Maybe I'm too pessimistic enough? Maybe it's my sentiment because we are in a bear market, but things could get change very easily, and that includes my sentiment about the whole crypto market. I'm not an expert in Technical Analysis, but it seems like Bitcoin is creating a "Morning Star" candlestick pattern in the monthly chart which show a bullish reversal. What's causing the uptrend? Maybe majority of the investors now thinks that the lowest that Bitcoin has reached this month will be the lowest for this year's bear market that's why many already accumulated hence, the increase in price. I can't think of any reason why the market started to go upwards aside from that one.

Overall, I'll stick to my prediction, and I'll be patient enough for it to happen. If it doesn't happen then I always have a Plan B. At the end of the day, it's always good to see the market recovering after that massive dump that happened for months.

[bbc.reporter]

I have voted on yes and I was shocked that there were only 2 voters that have voted on no heheheh. The contrarian in me very much is presently speculating that bitcoin might begin to dump under $80k on the last week of May. This will certainly be another headshaking occurrence hehehe.

[summonerrk]

There is potential for growth, as large wallets are increasing their positions, the share of long-term holders is growing, and retail remains cautious. Investments on the exchange amount to 2.14 million BTC, including millions of dollars. Whales with 1,000+BTC wallets have bought 270,000 BTC in the last month. This is the first time this has been the case in a month since 2013!
But major miners sold more than 32,000 BTC in Q1 2026, more than in the entire year 2025. About 20% of miners are unprofitable at current prices. But this value is not 270k, which I wrote about above, so it does not affect the price as much.

[Hazink]

I have voted on yes and I was shocked that there were only 2 voters that have voted on no heheheh. The contrarian in me very much is presently speculating that bitcoin might begin to dump under $80k on the last week of May. This will certainly be another headshaking occurrence hehehe.

Bitcoin's price performance for the beginning of the month has really shaped the way we look at it and expect it to move before the end of the month, so for me, I'm really not surprised to see that small amount of votes for those who expect it not to go above $80k at the end of the month at least for the past 2 weeks the price have still been within $80k and there is more chances it might maintain that level till the end of the month.

[alankasman]

The price of Bitcoin has been solidified at its current position above $80K, because in this situation of war and economic recession, it is a good idea that the price of Bitcoin will naturally improve, but the third week of May will come and the first weeks of the quarter have been quite good.
The price of Bitcoin in May is very different from the price of Bitcoin in the previous month, it touched $82K in mid-May, but I think the price of Bitcoin will definitely touch the $90K level in the last quarter of May.

That's true. However in my opinion and in everyone's opinion the current Bitcoin price isn't completely stable even though it's still around $80,000, and yesterday it was at $81,000 or higher. This means that by calculation the Bitcoin market price has increased in recent days. However that doesn't mean the price is stable unless it reaches $90,000. Beyond that it can be categorized as stable. If the war situation begins to subside the market's move to $90.000, or above will become a reality. The most important thing right now is to continue without observing market conditions as prices can always change without our knowledge. Here I think everyone wants the market price to continue rising until it reaches the desired level.

In May there was indeed an increase compared to the previous month and it was almost at $84,000, but it looks like the price will return to stability, perhaps something will definitely happen and even more than the figure we mentioned earlier because currently when the price is for example at $81,000, it could be classified as having been at that level for too long so there is more confidence in the price that will occur at the end of May.