Yeah bitcoin is slowly climbing up toward $60k levels, it may test a new ATH in coming days regardless of what those institutions or corporate's hand into bitcoin markets. I personally believe there cannot be any big fluctuation on May 13th just because of those China market giant. We may have calm market conditions like how we are doing last 2 weeks of times.

So far, we did not experience any bull run due to any big money like 20 billion dollars inflow hence if that news turns as a rumor then we will not have any downfall but at the same time if it will be confirmed then we may start seeing another round of bull run.