On May 25, 2025, interest in Bitcoin surged as traders responded to significant market shifts following the recent ETF approval. This discussion highlights various strategies, market sentiments, and predictions emerging from user boards.
Since the ETF approval, net inflows have surged, averaging $129.7 million per day, with traders keenly watching the effects on Bitcoin's price. Miners are reportedly producing 450 BTC daily, fueling mixed sentiments among traders.
Based on recent comments, some predict a short-term decline to $105,000 before a potential bump to $120,000 in June. One trader noted, "Bearish short term, but really bullish long term," showcasing a split mood as traders navigate current volatility.
Market reactions are also influenced by Trump's recent decision to postpone 50% tariffs until July 9. This move may lead to further fluctuations as seen in forum predictions, including expectations of 10% tariffs being agreed upon, moving Bitcoin to $115,000.
"Heβs now closed the short for another huge loss," reflected one active trader, illustrating the high-stakes decisions occurring.
Traders are tracking the relationship between Bitcoin and the global M2 money supply, observing a substantial 90% correlation over recent weeks. Comments indicate a cautionary tone, with some looking for a head and shoulders (H&S) formation indicating possible corrections.
Another trader remarked, "Iβm wondering if this tweet was already priced in to some degree," signifying skepticism about market movements driven by external factors.
πΌ Inflows: Daily average of $129.7 million since ETF.
π Trends: Predictions suggest a possible dip to $105K, with rebounds anticipated.
π£οΈ "Weβll see how it plays out," indicating traders' mixed expectations.
As May progresses, traders brace for potential trading activities during the upcoming holiday period that may affect U.S. markets. With persistent bullish trends, some analysts express hope for new all-time highs. Yet, despite optimism, a cautionary stance remains due to historical patterns of market corrections.
Market participants continue to exchange strategies and insights, prepared for whatever comes next in the Bitcoin trading cycle.