Can I now buy the currency #البتكوين or not?
Many are wondering if I will profit now if I make a purchase deal or not?
Here is the answer, I will give you some information and you read it carefully, and based on it decide..!
Financial analysis of Bitcoin (May 22, 2025)
1. Current price and performance
- Current price: $107,252.5 (+0.35% in the last 24 hours).
- Highest price in the last 24 hours: $109,864.5.
- Market capitalization: $2.129 trillion (1st globally).
- Circulating supply: 19.86 million Bitcoins (94.6% of the maximum 21 million).
2. Driving factors for the rise
- Technical momentum: Breaking a major resistance at $105,000, with a technical target at $115,000 supported by high liquidity areas.
- Halving: The April 2024 halving event reduced the Bitcoin issuance rate, enhancing its scarcity and leading to a historical increase of 720% after previous events.
- Institutional flows: Exchange-traded funds (ETFs) like iShares Bitcoin Trust attracted $667 million in one day, reflecting institutional confidence.
- Correlation with stock markets: Continued positive correlation with the S&P 500 index, where rising stocks support Bitcoin momentum.
Now decide.. and trust in God
