Bitcoin (BTC): A Snapshot of the Digital Gold
Bitcoin, the pioneering cryptocurrency, continues to captivate investors worldwide. As of May 21, 2025, BTC has achieved a new all-time high, reaching approximately $109,565, surpassing its previous peak from January.
Current Market Analysis:
Price Movement: BTC's recent surge is attributed to increased institutional investments, favorable regulatory developments, and the launch of Bitcoin ETFs.
Market Sentiment: Analysts predict potential growth, with projections ranging between $135,000 and $320,000 in 2025.
Technical Indicators: The market exhibits strong bullish momentum, highlighted by consecutive green weekly candles since April.