Key results:

• Bitcoin 109 458 USD of all time has equalized with seven subsequent green weekly candles from April, emphasizing the strength of the current stubborn rush.

• Analysts expect BTC to reach $ 135,000 to USD 320,000 in 2025.

• BTC heat maps show high -level zones that can cause liquidation. Therefore, risk management remains crucial.

Bitcoin (BTC) reached a modern level of all -time in the amount of USD 109,458 at Binance on May 21, marking seven more green weekly candles in a row since the price rejected from the lowest level of 74,500 USD.

If Bitcoin closes the current weekly candle above USD 106,500 on May 25, this will be the longest series of subsequent green weekly closures from October 2023.

In addition to the modern all time, Bitcoin and CAP market capitalization also reached modern Maksima in the amount of USD 2.17 and $ 911.5 billion, like recorded by Glassnode.

Related: Is the price of bitcoins close to the top of the cycle? – 5 indicators that facilitate traders decide

Bitcoin Bulls are focused on higher prices above USD 110,000

With a stubborn rush on the BTC side, Crypto Trader Titan of Crypto excellent This price of the Bitcoins price for USD 135,000 remains in “Play” for 2025. Tracking phrases in relation to key levels of resistance and support in the last two years, the forecast uses a tool for extending Fibonacci, which identifies the target price by measuring previous price fluctuations.

On the chart, the level of 1.618 Fibonacci, attracted to the swing high with a swing, equalizes to 135,000–140,000 USD, identifying the potential target.

Veteran Trader Peter Brandt recognized A modern high level of BTC, but indicated that such milestones “are not technically significant” on bull markets. Trader said:

“Bull markets are doing ATHS all the time. This is the definition of bull market. On the right track maybe for from 125,000 to USD 150,000 until the end of August ????”

For comparison, technical analyst Gert Van Lagen Set up much higher Price level from $ 300,000 to 320,000 USD. In the recent X Post Gert Van Lagen pointed to the breakthrough of Bitcoin from a 4-year-old stubborn megaphone pattern, marked by divergent trends of higher heights and lower minimas, signaling the potential sharply after breaking up the upper resistance.

Using the theory of Wave Elliott, the analyst noticed that BTC is in the final wave of the 5th impulse cycle, supporting a stubborn case for another 170% to 190% of the Bitcoin rally.

While the markets are moving towards euphoria, the general director of the alpraction João Wedson recommended Note and patience for investors. The analyst noticed that BTC thermal maps reveal the price movement towards high distance zones, which suggests that market manufacturers can be directed to too reliable liquidation investors.

Wedson emphasized that public obsession with modern ups of all time can create traps for both bulls and bears. Therefore, “always risk management” is necessary.

Related: Bitcoin enters the “acceleration phase” reminiscent of the price benefits of BTC seen after the victory of the Trump election

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.