As of May 21, 2025, Bitcoin (BTC) has exceeded the mark of $107,000. The current price is $107,484, indicating an increase of $1,382 (or 1.3%) over the last 24 hours. Throughout the day, the price fluctuated between $104,350 and $107,495.

This increase is accompanied by a significant rise in open interest in the Bitcoin futures market, which has reached a record $72 billion. Notably, around $1.2 billion in short positions is concentrated in the range of $107,000–$108,000, which could lead to their liquidation and further price growth upon breaking through these levels.

Analysts note that surpassing the $108,000 mark could trigger a mass liquidation of short positions amounting to about $1.1 billion, potentially leading to further price growth up to $115,000.

Thus, the current dynamics indicate a strong bullish trend, and traders are closely monitoring the $108,000 level as key resistance. $BTC