Bitcoin Price Predictions Show Over 80% Expect New ATH in May

The crypto market surged following the release of the US Consumer Price Index (CPI) data on May 13. Key points include:

The US inflation rate for April was reported at 2.3% year-over-year, down from March’s 2.4%.
This decline contributed to the global crypto market cap rising from $3.25 trillion to $3.40 trillion within 12 hours.
The fear and greed index indicates bullish sentiment, currently at 74.
Bitcoin increased from $103,000 to $105,000, while altcoins showed stronger accumulation trends.
Market predictions suggest over 80% of bettors believe Bitcoin will reach a new all-time high in May.
50% expect BTC to surpass $110,000, with 25% aiming for $115,000 and 5% anticipating a rise to $125,000 before June.
There is a 90% expectation that MicroStrategy will accumulate more Bitcoin before May 20.
Bitcoin needs to maintain above $106,000 to strengthen its momentum toward another all-time high.