🚨 Bitcoin reaches a new ATH: $109,545 USD! 🚨
📆 Update as of May 21, 2025
🔥 The crypto market is on fire! Bitcoin (BTC) has just broken all previous records, reaching a new all-time high of $109,545 USD, driven by a favorable macroeconomic environment, massive institutional flows, and growing global confidence in digital assets. 💥
📊 What is driving this historic rally?
🏛️ Clearer regulatory environment in the U.S. and the EU: New policies are attracting institutional investment like never before.
🟢 Spot Bitcoin ETF continues to accumulate BTC: Institutional funds keep buying.
🌍 Geopolitical instability: Investors are seeking decentralized havens, and Bitcoin is back in the spotlight.
🐳 Whales in motion: Large holders are withdrawing BTC from exchanges, suggesting long-term accumulation.
📉 Limited supply post-halving: The recent halving has reduced the daily issuance of BTC, increasing scarcity.
📈 What’s next for BTC?
With the current euphoria, many technical analysts point out that the next psychological target will be $120,000 USD, with key support at $102,000 USD.
The RSI on daily timeframes shows signs of overbought conditions, but market sentiment remains extremely bullish.
💬 What do you think?
Are we witnessing the start of a new bull supercycle or are we close to a significant correction?