Cybertrading

Bitcoin has reached a new all-time high of $111,160, driven by a wave of institutional and regulatory optimism. The Texas House of Representatives approved the creation of a state reserve of BTC, while JPMorgan Chase will allow its clients to purchase the cryptocurrency, marking a significant shift in its previous stance.
🚀🥶
#BTCBreaksATH110K
The market is in a moment of euphoria: options bet on a BTC at $300,000 by June, and figures like Anthony Scaramucci project a price of up to $200,000 by the end of the year. The combination of pro-crypto policies from Trump and the growing institutional demand are redefining the global financial landscape.

Today, May 21, 2025, Bitcoin (BTC) has reached a new all-time high, surpassing $109,500 USD. This surge is attributed to increasing institutional demand, especially through ETFs, and favorable economic signals that have boosted investor confidence.

In addition, interest in Bitcoin has risen as a hedge against global economic uncertainty and the weakness of the US dollar.

$BTC

Long🚀: If there is a clear breakout of the resistance at 92.7k with an increase in volume. Enter long on the retest of that resistance turned support.

Short🛑: If the support at 85.7k is lost and the bearish breakout is confirmed with a clear candle close and an increase in volume. Enter on the pullback of that support turned resistance.

ETFs to watch in 2025 according to Bloomberg Intelligence

The ETF industry has seen 32% growth in one year, with projections of reaching $35 trillion by 2035. Bloomberg Intelligence highlights that Bitcoin-related ETFs and the S&P 500 are some of the most relevant to follow in 2025.

Investigation in Argentina for fraud with cryptocurrency $Libra

Argentine Justice has initiated an investigation against President Javier Milei for his involvement in an alleged fraud related to the cryptocurrency $Libra, which he promoted on his social media. The scandal erupted on February 14 when Milei presented $Libra, whose value skyrocketed and then collapsed, resulting in significant losses for many investors. Several individuals, including five crypto entrepreneurs who met with Milei, are under investigation. Milei has denied knowing details of the project and faces a significant political crisis.

Current Bitcoin and Ethereum prices

Today, the price of Bitcoin is approximately $96,085.17 per unit, showing a variation of 0.77% in the last 24 hours. Meanwhile, Ethereum is trading around $2,724.31, registering a change of -4.01% in the last day.

Just a normal pullback within the monthly range, to start a February that will close bullish. $BTC
$

Next TP Target 0.5296, the average trading price of the last 30 days is 0.4321