El Salvador added 26 BTC in one month using a consistent 1 BTC daily strategy, reinforcing its long-term commitment to Bitcoin.
Bitcoin rebounded from a March-April correction and surged past $120K, driven by strong volume and bullish momentum.
The breakout above $106K signals renewed investor confidence and opens the door for potential gains toward the $125K level.
El Salvador has resumed its systematic Bitcoin accumulation, adding fresh momentum to its strategic reserve program. According to Bitcoin Magazine, the nation continued its daily purchase strategy from April 25 through May 23, 2025. Each transaction added exactly 1 BTC to the national wallet, increasing total holdings from approximately 6,160 BTC to 6,186 BTC. This measured approach signals El Salvador’s commitment to a dollar-cost averaging (DCA) method. The accumulation data, verified by bitcoin.gob.sv, highlights uninterrupted activity across all trading days in the past month.
Moreover, the country’s consistent buying showcases high-level confidence in Bitcoin’s long-term value proposition. The program did not include bulk acquisitions or large-scale trades. Instead, each purchase was methodically logged, with the most recent occurring on May 23 at 11:32 AM. The transaction hash 3e6732...022768 added 1 BTC, pushing the balance to 6,186.18355680 BTC. The fractional increase hints at occasional micro-transactions beyond the primary strategy. Hence, El Salvador continues reinforcing transparency and long-term conviction through visible blockchain activity.
Bitcoin Breaks Out of Correction Phase
Besides El Salvador’s accumulation, market price action paints a bullish picture. Bitcoin is now re-testing the upper range after recovering from a March-April correction. During that correction, the price dropped from 106,000 to a low near 91,095. The 15,000-point decline tested key support levels but didn’t break Bitcoin’s longer-term structure. Consequently, May 2025 marked a turning point.
Source: Mags
Bitcoin climbed steadily through May, reclaiming the pivotal 99,437 level. Additionally, strong momentum pushed prices above the previous resistance of 106,599. The breakthrough unleashed a wave of buying pressure that continued into June. Currently, Bitcoin trades above 108,000, riding a wave of bullish sentiment. Volume spikes during both the correction and breakout phases confirm increased trader activity.
Momentum Builds as Traders Target New Highs
The breakout above 106,599 cleared the path for potential moves toward the 125,000 level. The chart now shows a classic V-shaped recovery. Market participants responded strongly to technical signals, confirming the effectiveness of historical support and resistance levels. Moreover, Bitcoin's ongoing rally follows a healthy correction and suggests room for additional upside. Traders remain focused on current price action, with strong upward momentum shaping near-term expectations.
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