Bitcoin's current price is $106,031.44, with a closing price of $105,444.66 on May 20, 2025. Here's a brief overview ¹:
- *Current Price:* $106,031.44
- *Closing Price (May 20, 2025):* $105,444.66
- *24-hour Gain:* 3.05%, with a price surge to $106,186
Market analysis suggests a bullish trend, with:
- *Institutional Interest:* Growing appetite among institutional investors, with over $667 million in ETF inflows
- *Market Momentum:* Supported by rising open interest and demand for call options, signaling bullish sentiment
- *Key Resistance Levels:* $106,889.67, $107,665.64, and $108,656.86
- *Key Support Levels:* $104,648.43, $103,990.94, and $103,348.07
Some experts believe the current price level may represent a new baseline rather than a transient bubble, driven by tangible institutional adoption and policy support ².$BTC