Bitcoin breaches the stratosphere! Thursday saw BTC rocket past $110,000, etching a fresh all-time high in the digital ledgers. Forget January’s peak – Bitcoin just left it in the dust. This isn’t just a record; it’s a double tap in 2025, solidifying the king of crypto’s relentless bull run.
Wednesday’s U.S. stock market dip? Bitcoin shrugged it off, flexing serious muscle in a turbulent macro landscape. Since bottoming out around $75,000 on April 7th, Bitcoin’s surged over 50%, a screaming testament to ravenous buyer demand.
Bitcoin’s grip on the crypto world just tightened. Market capitalization is a staggering $3.49 trillion. Not only that, but trading volume exploded, surging 58% to a mind-blowing $200.33 billion daily. Bitcoin’s dominance now commands 63% of the entire crypto market.
Bitcoin’s meteoric rise has ignited a wildfire across the crypto landscape, pulling Ethereum, XRP, and Solana along in its blazing ascent. Shattering previous ceilings, BTC now soars above its former record, a testament to its explosive breakout earlier this week.
Bitcoin Price Targets New Milestone Levels
Ali, a crypto oracle, has spoken: Bitcoin has shattered its glass ceiling, hurtling into uncharted price territory! After bulldozing through the $109,000 barricade, the digital gold rush is on, with Bitcoin setting its sights on astronomical heights.
Bitcoin’s been on a wild ride since April, charting a course of higher lows and surging prices, according to a recent tweet (May 21). Fresh off a bounce from $75,000, all eyes are now glued to critical zones up ahead.
Ali’s crystal ball reveals Bitcoin’s next battlegrounds: $116K, $126K, $136K, and a formidable $148K. These aren’t just numbers; they’re projected fortresses where bulls and bears will clash, derived from Bitcoin’s own price DNA. The daily chart? A vibrant canvas painted with surging volume and unwavering buyer conviction, hinting at a price explosion.
Bitcoin shatters records! 🚀 $BTC blasts into uncharted territory, leaving old highs in the dust. Buckle up for price discovery as we eye these milestones: $116K, $126K, $136K, and a moonshot to $148K! 🌕 Will Bitcoin conquer these peaks? #Bitcoin #BTC #AllTimeHigh #Crypto pic.twitter.com/yh3ShJ5X59
Ali (@ali_charts) May 21, 2025
Bitcoin Hits ATH As Exchange Reserves Fall to Record Low
Bitcoin shatters records, soaring to an unprecedented $111,700 amid a resurgence of bullish momentum. But here’s the kicker: as Bitcoin’s price explodes, exchange reserves are drying up, hinting at a potential supply squeeze and fueling speculation about even greater heights.
Bitcoin’s dwindling exchange reserves hint at a supply squeeze, fueling analyst predictions of a potential price surge. Coinglass data reveals a potent cocktail: shrinking Bitcoin availability colliding with escalating demand, raising the specter of a supply shock that could send prices soaring.
Source: X
Will Bitcoin Price Hit $120k By End of May?
Bitcoin teases bulls, hovering above a key resistance after today’s surge. The digital king dances within an ascending channel on the 4-hour chart, a rhythmic climb of higher highs and resilient lows. Currently priced at $110,845, Bitcoin boasts a 4% gain in the last 24 hours, leaving investors wondering – is this the calm before the next crypto storm, or a launchpad to unprecedented heights?
RSI screams “overbought” at a feverish 72, yet the MACD paints a more bullish picture. Momentum builds as the MACD line pulls further ahead of its signal, and the histogram swells with ever-growing positive bars, hinting at continued upward thrust.
Source: TradingView
Bitcoin wrestles with a formidable $112,000 ceiling, hardened by recent price skirmishes. Shattering this barrier could unleash a bullish surge towards $115,000, then $116,000. Should the bulls maintain their relentless assault, the ultimate prize awaits: $120,000 – the chart’s summit, beckoning from above.
“$110,000: Bitcoin’s critical safety net. Breach it, and prepare for a potential plunge towards $105,000.”
Thanks for reading Bitcoin Price Soars Past $110K; How Far Could This Bull Run Extend?
