Bitcoin price targets soar as some traders aim for over $140,000 in this bullish rally
From golden crosses to ascending wedges, Bitcoin traders are increasingly optimistic about the future of BTC price evolution, even as the market remains virtually stable.
Bitcoin, the most popular cryptocurrency in the market, has been driven by entrepreneurs like Elon Musk, where its use is legal. (Illustrative Image Infobae)
Bitcoin, the first cryptocurrency launched on the market, was created by Satoshi Nakamoto (pseudonym) in 2008 after the financial crisis that affected the world; this digital currency promoted a libertarian ideal and sought to challenge traditional monetary and financial institutions.
Known in the market world by the initials BTC, bitcoin uses cryptography to ensure that its management is decentralized, meaning it cannot be regulated by any institution or banking organization, which in turn makes cryptocurrencies volatile.
May 2025. Bitcoin is trading above 103,000 dollars, but this seemingly dizzying figure could just be a warm-up. Because behind the scenes, a structural imbalance is being established: supply is melting away like snow in the sun, while institutional demand is skyrocketing. Some are already talking about a point of no return. Others, like Bitwise or Strategy, are betting on a price explosion — up to 200,000 dollars before the end of next year. Myth or inevitable mechanism? What is clear is that the race has begun and that the challenges
There were two major catalysts that supported this rebound: a new trade agreement between the United Kingdom and the U.S., and record inflows into Bitcoin exchange-traded funds (ETFs), which reached $40 billion for the first time, according to ETF data from Coinglass and Bloomberg.
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