Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

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

Market News
05 May 2026
Benzinga
View Source
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.

More News

STARLUX Airlines unveils world's largest flying canvas with AIRSORAYAMA Silver, designed by Hajime Sorayama.

STARLUX Airlines unveils world's largest flying canvas with AIRSORAYAMA Silver, designed by Hajime Sorayama.

STARLUX Airlines has introduced the AIRSORAYAMA Silver, the world's largest flying canvas, featuring a unique liquid-metal livery designed by Japanese artist Hajime Sorayama. The aircraft, an Airbus A350-1000, was unveiled in Toulouse and will be pil...

Others
Bullish
1 hour ago
IPG launches sustainable air pillow film with 50% recycled content for eco-friendly packaging.

IPG launches sustainable air pillow film with 50% recycled content for eco-friendly packaging.

Intertape Polymer Corp (IPG) has introduced a new PCR Air Pillow Film made with 50% recycled materials, including 35% post-consumer recycled content. This high-performance packaging film is designed to help companies meet sustainability goals without...

Others
Bullish
2 hours ago
Global infant heart monitor market to reach $7.93B by 2035 with 10.85% CAGR, driven by tech advances and home care demand

Global infant heart monitor market to reach $7.93B by 2035 with 10.85% CAGR, driven by tech advances and home care demand

The global infant heart monitor market, valued at $2.83 billion in 2025, is projected to grow to $7.93 billion by 2035 at a CAGR of 10.85%. Growth is fueled by advances in wearable and wireless monitoring technologies, increased adoption of home care...

Market News
Bullish
3 hours ago
TransDigm Group upgraded to Strong Buy with 39% price target rise on strong aerospace demand and growth potential.

TransDigm Group upgraded to Strong Buy with 39% price target rise on strong aerospace demand and growth potential.

TransDigm Group (TDG) has been upgraded to a Strong Buy rating with a 39% increase in its price target to $1,860.41. The company benefits from its proprietary aerospace components that generate high-margin, recurring aftermarket revenue, supported by...

Analyst Insights
Bullish
4 hours ago
Law firm investigates MercadoLibre for possible securities law violations after Q1 loan disclosures.

Law firm investigates MercadoLibre for possible securities law violations after Q1 loan disclosures.

Kirby McInerney LLP has launched an investigation into MercadoLibre following the company's May 2026 disclosure that the average loan term in Brazil extended from 5 to 8 months, prompting provisions. This announcement caused MercadoLibre's stock to d...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

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