Bitcoin’s record-breaking rally to an all-time excessive of $112,000 on Could twenty second has ushered in a wave of heightened investor expectations.
The surge, catalyzed by a sudden bullish breakout following the White Home’s choice to delay 50% tariffs on EU items, has since been tempered by geopolitical uncertainty and clear indicators of market overexuberance.
Social Chatter on Bitcoin
Santiment’s data exhibits a pointy uptick in crowd optimism exactly as Bitcoin peaked, which led to a direct correction. It is a reminder that excessive greed usually precedes market pullbacks. Optimistic sentiment throughout platforms like X, Reddit, and Telegram hit its highest level this yr on Could 22, solely to be swiftly reversed when President Trump’s tariff menace prompted market jitters.
Though the federal courtroom ruling on Could 28 deemed the “Liberation Day” tariffs unconstitutional, providing momentary reduction, Santiment warned that recurring tariff-related discussions are actually a key driver of volatility.
Mentions of “tariff” and “commerce warfare” spiked on social media within the last days of Could, mirroring patterns noticed throughout the April correction. Regardless of the cooling, the gang stays bullish. The most well-liked Bitcoin choices name is now for $300K. This sentiment depicted rising long-term expectations regardless of near-term instability.
Santiment’s report additionally defined the reliability of crowd sentiment as a counter-indicator, with excessive worry on Could 25 coinciding with Bitcoin’s rebound to $106K. In the meantime, blockchain fundamentals proceed to point out energy. Over 147,000 BTC have exited exchanges in 2025, which diminished instant promote stress and instructed continued confidence amongst holders.
The Imply Greenback Invested Age (MDIA) has declined steadily since mid-April, indicating that older cash are being reactivated. Such a pattern is usually a bullish sign related to ongoing value expansions. Santiment famous that these shifts counsel the rally is pushed not solely by speculative frenzy.
BTC’s Path Forward
BTC whales proceed to form market tops. On the day of Bitcoin’s ATH, there have been 18,782 transactions of over $100,000. Apparently, this was the best since Trump’s inauguration in January, suggesting important profit-taking by institutional gamers.
In actual fact, one whale held a 40x leveraged place now value $1.2 billion. As such, the report warns {that a} liquidation occasion beneath $104,810 may set off a cascade of lengthy positions unwinding.
As Bitcoin enters a brand new section of value discovery, knowledge exhibits that emotional extremes and exterior shocks proceed to dictate short-term strikes, at the same time as alternate flows and coin age metrics level towards deeper bullish foundations. The highway to $300K could also be steep, however investor expectations, like Bitcoin’s value, have by no means been greater.
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome provide on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!