🚀 Bitcoin surpasses $106,000 as crypto bulls take control 🐂💰
Today, May 20, 2025, Bitcoin (BTC) reached $106,851, marking a new high for the year. This surge is attributed to a combination of factors:
📈 Bullish technical analysis: The formation of a "golden cross" suggests a positive trend in the price of $BTC.
🏦 Institutional demand: Companies like KULR have increased their BTC reserves, with a recent purchase of $9 million, raising their treasury to 800 BTC.
📊 ETF flows: Exchange-traded funds have acquired more than 3,000 BTC, further boosting the price.
🔮 Future outlook: Analysts project that the price of BTC could reach $116,000 in the near future, backed by growing institutional interest and favorable technical patterns.
📣 Do you think BTC will reach a new all-time high soon? Share your opinion in the comments! 👇
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