According to CryptoPotato, Bitcoin's price, which recently dipped, has started to recover, sparking speculation about a potential rally in May. Despite a promising start to the year and a surge to an all-time high price in March, Bitcoin's progress stalled in April. The primary cryptocurrency began May on a shaky note, declining to $56,800, the lowest level in nearly two months. However, the last few days have been slightly more optimistic, with Bitcoin reclaiming some lost ground and briefly spiking towards the $72k mark.