Analysts identify a new critical threshold for Bitcoin’s price., 2026/05/04 15:08:18

The sustainability of Bitcoin’s price increase will hinge on the asset’s ability to maintain levels above $82,000–$83,000, according to analysts from trading firm QCP Capital. The achieved level of $80,000 is significant, yet not decisive, as per the experts.

QCP Capital estimates that until the leading cryptocurrency surpasses the $83,000 mark, any upward movements are likely to be hindered by active sell-offs of the asset. This indicates to analysts a continued caution among retail traders and a lack of a robust upward momentum.

Trader experts have noted that Bitcoin’s price dynamics align with the rise of stock markets: the correlation between the leading cryptocurrency and U.S. equities has returned to levels seen in 2023. Analysts believe this development reflects a restoration of BTC‘s status as a risk asset, sensitive to market sentiments and economic factors.

Additional support for the asset continues to come from spot Bitcoin ETFs. Over the past week, net inflows into such instruments amounted to approximately $163 million, as reported by QCP Capital. From April 27 to 29, there was a capital outflow, which analysts attributed to portfolio rebalancing by investors. However, on May 1, a one-time inflow of around $630 million fully offset the losses. Ongoing purchases of the asset by large investors, including Strategy — the largest public corporate holder of BTC — are believed by trading experts to provide price support.

Simultaneously, amid heightened international tensions, markets are exhibiting relative calm. Bitcoin’s volatility remains near annual lows, which indicates to QCP Capital specialists that market participants have subdued expectations.

Previously, Michael van de Poppe, founder of consulting firm MN Trading and analyst, suggested that the leading cryptocurrency may not require a new growth catalyst to return to a price of $100,000.