Bitcoin’s impressive performance in April and May has rekindled hopes for a substantial bullish breakout. Between April 9 and May 22, Bitcoin’s price surged by 46.32%, including an 18.48% rally during the period from May 5 to 22. This rebound has pushed Bitcoin’s Compound Annual Growth Rate (CAGR) higher, signaling renewed market optimism. Investors are eager to see if this momentum can be sustained, potentially leading to a major rise in Bitcoin prices.