Bitcoin has just crashed through the highest new level ever, or ATH, affecting $ 109400 a few minutes ago, with some deals approaching $ 110,000. This pump, driven by a strong mixture of macroeconomics, institutional love, and momentum, indicates the outbreak of another export soon.
If Bitcoin breaks $ 100,000, you can bet as a million dollars John McAfi
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She reached her latest teacher. American -Chinese trade tensions have reduced geopolitical risks, making Bitcoin one of the safe armed assets. The economic background forces the feelings of risk, along with the most enlarged inflation in the United States and the falling stock market.
Bitcoin profit monthly by 16 % and 46 % of the low offer in April. Technicians and feelings are also in line with another leg in the upward direction. But to what extent can he climb?
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Bitcoin is the driver, highway
Technically, the Bitcoin scheme is very optimistic. The penetration, which exceeds $ 109,000, has cleared the main resistance levels, as the moving average for 50 days is heading up and sustainable. And the indicator of his fear and greed, although he was in greed, has not hit his greed yet.
Fear encryption and greed
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The RSI is hovering near 70, indicating a strong purchase pressure without excessive conditions in the peak. It confirms the high size of the stock exchanges on demand, which supports the power of survival in the assembly. Now, analysts look forward to $ 120,000 as the next psychological goal.
((BTCRSI))
Reducing commercial tensions is a great incentive. With the stability of relations between the United States and China, investors flow to Bitcoin as hedging against uncertainty. This geopolitical calm attracted money to Bitcoin, just like gold (will return to this later), but with higher growth capabilities.
amazing! The stocks rise after the China -American commercial deal!
Maga
pic.twitter.com/gqourfxp3
GP Q (@Argosaki) May 13, 2025
Economic conditions are supportive. The most enlarged inflation data has relieved fears of high aggressive rates, creating fertile ground for risk origins. The stock market recovered, an increase of 12 % this month, to encryption, with Bitcoin as a leader.
Bitcoin’s investment funds have witnessed $ 3.6 billion in net flows this month as well, which reflects Wall Street’s growing appetite. The prominent purchases, such as those in Michael Sailor and the capital’s twenty -one strategy. The budgets of companies that contain Bitcoin show a long -term upward signal, which prompted its price towards unknown lands.
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How high is this? Another bitcoin this year
Market dynamics is the final piece. In addition to liquidity, in addition to lower sales pressure, it created an ideal storm to estimate prices. Exchange flows show minimal activity on the sale aspect, while the data on the series reveals its accumulation holders.
The feeling of social media is the same, as traders celebrate an increase of 46 % of the lowest level in April. Some bold expectations to indicate $ 500,000 by 2029. Dream of pipes? Perhaps not, especially some Scientists are able to grow gold in their laboratories.
We saw what happened to diamonds before. The real diamond price stops growing as soon as the laboratories created, which can also happen to gold. This is what makes bitcoin the only alternative as a store.
CERN scientists have successfully turned into gold for the second division using the great Hadron Correction.
He follows: AFPOST pic.twitter.com/bqs868fwp9
AF Post (AFPOST) May 16, 2025
Currently, the Bitcoin path to $ 110,000 and beyond is promising. With the relief of trade tensions, economies, institutions that accumulate, and the favorable regulations, cannot be denied bitcoin momentum.
While $ 120,000 is the immediate target, the long -term ceiling can extend to much higher. Six numbers are no longer a dream far, as adoption and scarcity pay the BTC value to the side of the sky.
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Bitcoin just violated a new ATH.
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The Bitcoin Road to ATH looks another promising. With the relief of trade tensions, economies, institutions that accumulate, and the favorable regulations, cannot be denied bitcoin momentum.
Bitcoin Post only struck ATH New approaching $ 110,000: How high is it? First appeared on 99bitcoins.
