As of May 23, 2025, Bitcoin is trading around $111,025, just below its recent all-time high of $111,886, following a 47% surge from April lows of $74,500. This bullish rally is fueled by strong institutional inflows into spot Bitcoin ETFs—over $4 billion in May—led by firms like BlackRock and Fidelity, alongside positive regulatory developments such as the U.S. Senate's GENIUS Act. Technically, Bitcoin shows strong support at $100,000 and $90,000, with resistance at $110,000 and a potential target of $115,000. The RSI is near overbought, suggesting possible short-term consolidation, but fundamentals point to continued strength, with end-of-year forecasts ranging from $120,000 to $180,000.#BinanceAlphaAlert
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