$BTC

After the successful price of Bitcoin (Bitcoin-BTC) quietly reaching its new all-time high yesterday, Wednesday, at $111,487.23, attention is now turned towards the potential for the strong buying wave of Bitcoin exchange-traded funds (Bitcoin ETFs) worth $3.6 billion during May to push its price to exceed $120,000. Analysts are currently viewing the $130,000 level - which was once considered an elusive target - as its next initial station to record the anticipated new highs during the summer, especially since the factors for a bullish golden cross and renewed whale accumulation activities have coincided with an increase in the net yield of treasury bonds, setting a bold Bitcoin price target of $150,000 before the end of the year.

Bitcoin price records its new all-time highs

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