Bitcoin is on the verge of confirmation of a powerful drawing of the Golden Cross, which can prepare the ground for a rally breakthrough at a mark of $ 150,000.
Bitcoin (BTC) grew to a new record high level of 111,544 US dollars on Thursday, May 22, Asian time, breaking through his previous record of $ 109,400 only the day before. This new high indicator is 48%, affecting April 7, in the amount of a little less than 75,000 dollars, which makes it the second for all the time for BTC in 2025.
Along with prices, Bitcoin’s market capitalization reached $ 2.2 trillion, while its realized restriction also reached a new peak of $ 915 billion, emphasizing how much cost is included in the network.
A sharp increase in trade activity led to rally. Coingecco data show that 24-hour volume increased to $ 73.7 billion compared to $ 50 billion on Wednesday and Tuesday $ 40 billion.
This is a noticeable leap, especially considering that at the beginning of this month the daily volume fell below $ 30 million, which is the lowest since February.
Futures Futures Futures Antens also reached a new record of $ 81.35 billion, which is sharply compared to 46 billion dollars observed in early March. This signals the growing confidence from institutional and borrowed merchants.
Earlier this year, BTC was faced with a strong oncoming wind, as it fell by more than 30% from a maximum in January at $ 109,588, which in early April is below $ 75,000.
This correction occurred shortly after President Trump hinted at new tariffs at large trading partners of the United States. But moods improved in mid -April, especially after the United States has reached new trade agreements with several countries.
Another important factor contributing to the surge is the constant demand from the ETF in American bitcoans, in which over the past five weeks have been more than 7.4 billion dollars. USA, including $ 609 million on Thursday.
This was backed up by the growing role of Bitcoin as a treasury asset, prompting the wave of public companies to load flagship cryptography to their balance sheets. The strategy, for example, continued its aggressive accumulation, currently owns more than 2.7% of Bitcoin in circulation.
BTC Technicans Flash Master
In the 1-day BTC/USDT diagram, Bitcoin turned the 21-day EMA in support after several weeks acting as resistance. More importantly, the 50-day SMA (blue) has just crossed the 200-day SMA (green), forming a highly observed Golden Cross pattern. Historically, BTC gathered more than 37% in just 3 months after a similar scheme in October 2024.
In the weekly diagram, BTC also escaped from the drawing of a bull flag, classic bull settings for continuation, where the price is consolidated down after a strong step up.
The measured goal of this breakthrough is aimed at $ 150,000, corresponding to forecasts based on the height of the flagpole added to the breakthrough zone. If Golden Cross is completely played out, the next realistic stop can be about 153,600 dollars.
The trader-veterinum Peter Brandt recognized the new BTC maximums, but reminded the followers that the achievement of all maximums is what bull markets are doing. In an earlier message on May 1, he predicted that Bitcoin could reach the top in the bull market at the level of 125 to 150 thousand dollars to August 2025, although after that he warned about a possible correction of 50%.
Meanwhile, analyst Gert Van Lagen is much more optimistic, predicting that BTC can reach from 300 to 320 thousand dollars to the end of the Bull Cycle cycle. He founded his view on a breakthrough from a 4-year-old megaphone scheme, which includes expanding price fluctuations and often precedes acute movements up.
Short -term risks are still in the game
Despite the overwhelming bull impulse, a short -term rollback cannot be excluded. The RSI and the Stochastic BTC generator have come to a standstill with a bite, which indicates that the rally can be associated with a pause or short -term consolidation.
If this happens, Bitcoin can briefly fall towards his support zone of about 93,500 dollars, which is combined with its simple sliding average.
Thus, although running to 150 thousand dollars looks more likely, this may not happen in a straight line. Short -term correction may offer a healthier setting for long -term profit.
Disclosure: This article does not submit investment tips. The content and materials presented on this page are intended only for educational purposes.
