Key Insights
- bitcoin price tested $79K as ETF inflows hit $600M
- Reclaim of $80K may trigger move toward $84K CME gap
- May seasonality showed average 7.77% returns for Bitcoin
Bitcoin price held near $79,000 on May 3 as traders assessed fresh institutional demand. Micha?l van de Poppe said ETF inflows reached $600 million on the first trading day of the month. The move reflected steady accumulation despite resistance holding firm.
The bitcoin price str