Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Trading banner 1
Trading banner 2
Trading banner 3
Trading banner 4
Trading banner 5
Trading banner 6
Trading banner 7
Trading banner 8
Trading banner 9

Bitcoin jumps above $81,000 as analysts see potential start of strong upward trend.

Market News
05 May 2026
Benzinga
Bullish
pluang ai news

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.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App