Bitcoin has just fucked a new summit of all time, or ATH, receiving $ 109,400 a few minutes ago, with exchanges nearly $ 110,000. This pump, motivated by a powerful mixture of macroeconomic, institutional amateurs and the momentum, soon signals another bullish escape.
If Bitcoin breaks $ 100,000, you can bet it will reach $ 1 million – John McAfee
The cryptography market shouts optimism as a SVG .CWP-CO-Chart {AVC: 0.65! IMPORTANT; }
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reached his last milestone. According to American-Chinese trade tensions, the geopolitical risks reduced, making bitcoin a first-rate asset. The economic backdrop obliges a feeling at risk, coupled with softer American inflation and a bouncing stock market.
The monthly gain of 16% Bitcoin and 46% gather compared to the weakness of its April strength. The techniques and feelings also align for another lightness upwards. But how high can he climb?
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Bitcoin is the driver, the highway
Technically, the Bitcoin graphic is very optimistic. Escape greater than $ 109,000 has eliminated key resistance levels, the 50 -day mobile average firmly upwards and sustained momentum. And its index of fear and greed, although greed, has not yet struck its greater greed.
Crypto fear and greed
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The relative resistance index (RSI) hovers nearly 70, indicating a high purchase pressure without over -rascal conditions. The volume tips on the exchanges still confirm the request, supporting the power of the rally. Analysts now envisage $ 120,000 as the next psychological target.
(Btcrsi))
The relaxation of trade tensions is a major catalyst. With the stabilization of American-chinoine relations, investors flock Bitcoin as a coverage against uncertainties. This geopolitical calm has attracted money against bitcoin, just like gold (will come back later), but with higher growth potential.
WOW! Actions increase after the United States in China Trade Deal!
Maga
pic.twitter.com/gqeourfxp3
– GP Q (@argosaki) May 13, 2025
Economic conditions are also favorable. Sweeter American inflation data have attenuated fears of aggressive rate increases, creating fertile terrain for risk assets. The resumption of the stock market, up 12% this month, spread in crypto, with Bitcoin as the leader.
The FNB Bitcoin also experienced net entries of $ 3.6 billion this month, reflecting the growing appetite of Wall Street. High -level purchases, like those of Michael Saylor’s strategy and twenty capital, triggered the rally. Bitcoin business balance sheets show a long -term bullish signal, pushing its price to an unexplored territory.
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To what height can it go? Another Bitcoin Ath to come this year
Market dynamics are the last part. The increase in liquidity, associated with lower sales pressure, has created a perfect storm for the assessment of prices. The exchange entries show a minimum sales activity, while the chain data reveals that the holders accumulate.
The feeling of social media is the same, the traders celebrating the overvoltage of 46% Bitcoin from the bottom of April. Some daring projections even suggest $ 500,000 by 2029. A pipe dream? Perhaps not, especially after certain scientists are able to develop gold in their laboratories.
We have already seen what happened to diamonds. The price of a real diamond ceases to grow once those created in the laboratory are produced en masse, which could also happen to gold. This is what makes Bitcoin the only alternative as a reserve of value.
CERN scientists managed to transform lead into gold during a second fraction using the great collision of Hadrons.
Follow: @Afpost pic.twitter.com/bqs868fwp9
– AF Post (@Afpost) May 16, 2025
For the moment, the Bitcoin path at $ 110,000 and beyond seems promising. With softened trade tensions, stabilization of economies, institutions that accumulate and the regulations becoming favorable, the Bitcoin momentum is undeniable.
While $ 120,000 is the immediate target, the long -term ceiling can extend much higher. Six figures are no longer a distant dream, because adoption and rarity lead the BTC value to the sky.
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Main to remember
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Bitcoin has just raped a new Ath.
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The Bitcoin path to another ATH seems promising. With softened trade tensions, stabilization of economies, institutions that accumulate and the regulations becoming favorable, the Bitcoin momentum is undeniable.
Post Bitcoin has just struck New ATH nearly $ 110,000: how high can it go? appeared first on 99Bitcoins.
