All-Time Highs in May?

Hey friend,

Big week in crypto.

If you’re watching the markets closely, it’s hard not to feel like we’re building toward something big. Bitcoin is pushing up, volume is returning, and liquidity is very clearly flowing in.

Let’s break it down.

The Big Picture

We are entering the phase I’ve been talking about for weeks—
Liquidity is here.

And we know from historical data that there’s always a lag between liquidity moving into the system and markets reacting to it. That lag is around 70 to 110 days, which puts us squarely in the April to May window.

Which brings us to the question…
Do we see all-time highs in May?

Honestly, it’s on the table.

The charts are looking increasingly strong.
Sentiment is shifting.
And capital is moving with conviction.

Key Events This Week

1. Bitcoin’s Slow Climb Up
   No fireworks—just slow, steady momentum. The kind that builds real pressure. The kind that usually precedes a breakout.

2. Gold Hits All-Time Highs
   Gold spiked again this week. A strong signal that capital is flowing out of equities and into safe-haven assets. This usually precedes a second wave into Bitcoin.

3. US Markets Rebound (but remain fragile)
   Trump’s announcement of a 90-day delay on tariffs reversed a major drawdown in the S&P 500. But make no mistake—volatility is here.

4. Massive On-Chain Accumulation
   Whales are buying. On-chain data is showing major players stacking BTC consistently. That’s usually a tell.

5. ARK Invest Adds Again
   Cathie Wood’s ARK Invest added another sizeable position into their Bitcoin-related holdings. This is not speculation. It’s conviction.

The Thesis Has Not Changed

Liquidity moves into gold.
Then into Bitcoin.
That’s the sequence.
And we are right in the middle of it.

So what’s the play?
Hold steady.
Stack intelligently.
And don’t lose the plot in the noise.

This is what it feels like right before things move.

See you next week.

B. Xx