Bitcoin has just overcome a new historical maximum, or ATH, playing $ 109,400 only a few minutes ago, with some exchanges that hook $ 110,000. This pump, driven by a powerful combination of conical macro, institutional loves and market impulse, says another bullish breakdown.
If Bitcoin breaks $ 100K, you can bet that it will reach $ 1 million – John Mcafee
The encryption market is shouting optimism such as .cwp-cin -chart svg path {stroke-width: 0.65! Important; }
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He reached his last milestone. Reluring US-China commercial tensions has reduced geopolitical risks, which makes Bitcoin a main asset of have sure. The economic context forces a feeling of risk, along with softer inflation in the United States and a bouncing stock market.
The monthly gain of 16% of Bitcoin and 46% of the recovery of the Lower of April show their strength. Technicians and feeling also align for another advantage in the rise. But how high can you upload?
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Bitcoin is the driver, the road
Technically, the Bitcoin table is very optimistic. The rupture above $ 109,000 has eliminated key resistance levels, with the 50 -day mobile average tending a firmly ascending and sustained impulse. And his fear and greed index, Althegh in Greed, has reached his greed so far.
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The Relative Force Index (RSI) is close about 70, indicating a strong purchase pressure without overcompra conditions. The volume peaks in exchanges confirm the demand further, which supports the power of permanence of the rally. Now, analysts are considering $ 120,000 as the next psychological objective.
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Removing commercial tensions is an important catalyst. With the relations between the United States and China stabilized, investors go to Bitcoin as coverage against uncertainties. This geopolitical calm has attracted money to Bitcoin, just like gold (he will return to this later), but with greater growth potential.
Wow! The shares increase after the United States commercial agreement in China!
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– GP Q (@argosaki) May 13, 2025
Economic conditions are equally solidarity. The softest US inflation data has relieved fears of aggressive rate increases, creating fertile terrain for risk assets. The recovery of the stock market, a 12% increase this month, has spread to cryptography, with Bitcoin as leader.
Bitcoin ETFS also saw $ 3.6 billion in net tickets this month, reflecting the growing Wall appetite. High profile purchases, such as those of Michael Saylor’s strategy and twenty -one capital, have caused the demonstration. The corporate balances with Bitcoin in them show a long -term upward signal, pushing their price towards an unknown territory.
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How high can this go? Another Bitcoin Athes comes this year
Market dynamics is the final piece. The increase in liquuidity, along with lower sales pressure, has created a perfect storm for the appreciation of prices. Exchange tickets show a minimal activity on the sale, while the data in the chain reveal that the headlines accumulate.
The feeling of social networks is the same, and merchants celebrate the 46% increase in Bitcoin since the minimum of April. Some bold projections only suggest $ 500,000 by 2029. An impossible dream? Maybe not, especially after some scientists can grow gold in their laboratories.
We saw what happened to the diamonds before. The price of a real diamond ceases to grow those created in the laboratory are produced in mass, something that could also happen to gold. This is what makes Bitcoin the only alternative as a value reserve.
CERN scientists successively transformed lead into gold for a second place using the great Hadron colider.
Continue: @Afpost pic.twitter.com/BQS868FWP9
– AF post (@afpost) May 16, 2025
For now, the Bitcoin road at $ 110,000 and beyond seems promising. With the commercial tensions that decrease, economies stabilize, accumulated institutions and regulations that become favorable, Bitcoin’s impulse is undeniable.
While $ 120,000 is the immediate objective, the long -term ceiling can be stretch much higher. Six figures is no longer a distant dream, since adoption and scarcity drive the value of BTC to the sky.
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Bitcoin simply raped a new ATH.
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Bitcoin’s path to another ATH seems promising. With the commercial tensions that decrease, economies stabilize, accumulated institutions and regulations that become favorable, Bitcoin’s impulse is undeniable.
Bitcoin’s publication only reached the new Athsoning $ 110K: How high can go? It appeared first in 99bitcoins.