With Bitcoin (BTC) having recorded four consecutive bullish weeks, crypto expert Michaël van de Poppe expects the flagship coin to continue its uptrend in May 2026.
Poppe made a bold BTC price prediction on April 27, based solely on technical analysis. He stated that the flagship coin could rally to a liquidity range of $85,000 to $88,000 in May, before experiencing either a correction or a consolidation.
Poppe highlighted that Bitcoin price has consistently held above the resistance range between $71,438 and $73,408, which acted as a strong resistance zone in March. If BTC price is to hit this set resistance area, the analyst argues that buyers must turn the sell wall around $80,646 into support.
The bullish target for May could be invalidated if BTC price reverses from its current resistance level around $79,127. Furthermore, the Relative Strength Index (RSI) has been forming a bearish divergence, amid a potential double top in the past week.
Key factors that may influence Bitcoin price in May
Bitcoin’s price in May could depend heavily on leverage and the spot market’s performance, as Finbold recently reported. With the April BTC price pump fueled by leveraged traders, if spot market buyers outpace net sellers, a further rebound could be possible next month.
However, if spot demand, especially from spot BTC exchange-traded funds (ETFs), fades in May, a correction could be imminent since a leveraged-fueled bull rally is fragile. Meanwhile, Bitcoin’s price in May could be influenced by this week’s monetary policy decisions from the United States Federal Reserve, the Bank of Japan (BoJ), the Bank of Canada (BoC), the Bank of England (BoE), and the European Central Bank (ECB), as Finbold noted.
Meanwhile, BTC’s volatility in May could be affected by the anticipated markup vote on the Clarity Act, a proposed U.S. regulatory framework to legalize crypto assets, as Finbold pointed out.
