Bitcoin Rally: Why BTC Is Gaining Now

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Bitcoin price recovers to $105,000 as multiple BTC market metrics show an improvement in investor sentiment.

Bitcoin gained 3% to above $105,000 on May 20, fueled by high open interest in the futures market and increasing institutional demand.

A classic bullish pattern is in play, targeting BTC price at $138,000 and beyond.

Bitcoin is up today, rising over 3% in the last 24 hours to over $105,500 on May 20. 

Spot Bitcoin ETF inflows boost BTC price
Bitcoin's recent price rise coincides with rising capital inflows into US spot Bitcoin exchange-traded funds (ETFs), highlighting the growing demand for regulated exposure to the cryptocurrency.

Spot Bitcoin ETFs have recorded inflows 18 out of the last 21 days, accumulating a total of $6.9 billion in new capital in three weeks, as per data from Farside Investors.


41% Profit on #GOAT/USDT

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