
Bitcoin surged past $81,000 in early May, sparking speculation of a strong bullish breakout. Analyst Taiki Maeda suggests Bitcoin may have formed a market bottom and is entering a phase of rapid upward momentum, driven by a shift in market sentiment he calls 'green candle therapy.' Despite the price rise, network activity remains low, indicating the rally might be driven by institutional investors and long-term holders rather than broad retail participation. This could mean the rally is either fragile or part of a quiet accumulation phase before wider market engagement.