The rise occurs amid a favorable macroeconomic environment and positive signals from traditional markets.
Inflation data in the U.S. eases investors and reignites the appetite for risk.
Expectations for institutional adoption grow with Coinbase's entry into the S&P 500.
Bitcoin (BTC) surpassed the USD 105,100 barrier this Sunday, registering a significant advance in its weekly quotation. The upward movement occurs in a context that reflects the return of investor enthusiasm, as the global trade war unleashed by Donald Trump cools down.
The new price represents a much-anticipated amount, following the constant rise recorded since May 17. With an estimated growth of over 2%, the price of the digital currency stands at USD 105,522 at the close of this edition.
Bitcoin had not reached this value since last January, now being only 3% away from its historical high of over USD 109,000.
On this topic, analysts warn that the price still faces technical resistance up to USD 106,000 (with possibilities of several corrections). After that, a consolidation phase would follow. All of this opens the space for a new rally, as the market shows signs of structural strength amid greater integration with the traditional financial system.
The combination of institutional liquidity, improvements in regulatory perception, and a favorable macroeconomic environment reinforces the bullish thesis for the coming months, according to analysts. This is complemented by the psychological boost of staying above USD 100,000, which could act as support in future corrections.
For the analyst, the growing global appetite for risk and the positive perception regarding regulation are laying the groundwork for sustained expansion in the sector. He highlighted the stance of SEC chairman Paul Atkins, who has reaffirmed his intention to make the U.S. a center of innovation in cryptocurrencies.
Another factor that has served as a catalyst for this expected surge is the statistics from the Consumer Price Index (CPI) for the month of April, which this time were lower than expected in the United States. A sign that has been interpreted as possible relief for the monetary policy of the Federal Reserve (FED), currently pressured by the impact of tariffs and the persistence of inflation.