Bitcoin's price consolidation and bullish on-chain data suggest that it may reach new all-time highs by next week. Since April 20, Bitcoin's realized cap has increased by $30 billion, indicating rising investor confidence and capital inflows. Currently at $900 billion, this growth reflects a 3% monthly rate in May and comes amid steady bullish momentum as fresh investments flow into the market. Glassnode reported that the 7-day simple moving average of Bitcoin's Spot Volume Delta recently flipped positive, peaking near $5 billion, showcasing strong buyer demand driving the recent price surge past the $100,000 mark. Bitcoin is currently consolidating between $100,678 and $105,700. If this pattern holds, it might retest the $100,000-$102,000 levels before potentially breaking above $110,000. However, a decline below $102,000 could signal a bearish shift in sentiment.

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