#BTC110KToday? As of May 21, 2025, Bitcoin (BTC) is trading at approximately $106,274, reflecting a 0.88% increase from the previous day.

Earlier today, BTC reached an intraday high of $107,844, bringing it within 2% of its all-time high of $109,114.88 set in January 2025.

Analysts suggest that breaking above the $110,000 resistance level could trigger significant bullish momentum. Arthur Hayes, co-founder of BitMEX, believes that surpassing this threshold is essential for initiating a broader altcoin rally.

Technical indicators, such as a potential "golden cross" on the daily chart, support the possibility of further gains, with some projections indicating a 45% to 60% rally if this pattern is confirmed.

In summary, while Bitcoin has not yet reached the $110,000 mark, current market dynamics and technical analyses suggest that it is within reach, contingent on continued institutional investment and favorable market conditions.