Key results:

• Bitcoin has gained 14% from May 5, for the first time since January breaking USD 108,000.

• Objectives of USD 140,000 and even $ 200,000 are increasingly discussed in 2025.

The Bitcoin (BTC) price increased by over 14% from May 5, increased to USD 107,000 on May 21.

Data from CointeLraph Markets Pro i TradingView It shows that the price of Bitcoins increased by 3.6% to a four -month highest level of USD 108,000 on May 21 from the lowest USD 104,200 the previous day.

The last time BTC/USD was sold above this level on January 20, when the inauguration of President Donald Trump fueled the BTC price rally to USD 109,350 of the highest all time.

The boost in Bitcoin prices coincides with the rally around the world, and global cryptographic market capitalization increased above USD 3.36 trillion for the first time since February 3.

Uptrend has made market participants wonder how much higher Bitcoin prices can boost from significant correction.

Bitcoin prices towards modern ups

The latest recovery of Bitcoin caused optimism among market analysts and traders who expect BTC to become modern highest all time.

Bitcoin goes to the ups of all time today, he said A popular Alphabtc analyst in the post on May 21 on X.

The accompanying table showed trade in Bitcoin prices in the extended parallel channel rising, since it started recovering on April 9.

As at May 21, the BTC price traded 2.5% below the highest maximum in history over USD 109,000, which was another stern resistance. If this barrier is broken, Alphabtc provides $ 115,000 as the next probable target.

“It seems inevitable that $ BTC soon takes ATH, this price and pop (Squeeze) is driven by larger players who have their goals and know what you need to use bears returning every pop to raise the higher price.”

“Bitcoin goes all time, faster than I expected” he said Founder of MN Capital, Michael Van de Poppe in the post of May 20 on X.

According to Van de Poppe, the price of BTC can boost up to $ 200,000 “because more and more people are taking place with continuous devaluation of the dollar.”

Further magazine analytics he said The price entered the “largest bull run”, forecasting a possible peak of around USD 215,000 based on a four -year half Bitcoin cycle.

Meanwhile, the Timothy Peterson network economist used a statistical analysis to take over the journey to at least USD 115,000 by the end of June, which is possible the highest level below USD 130,000.

Related: Bitcoin ‘Blow-off TOP at 128,000 $ with modern ups of all time in sight

The rounded bottom pattern BTC has USD 140,000

From a technical point of view, the Bitcoin price has created a rounded pattern of the lower chart on the daily chart (see below). Bulls now focus on exceeding the price above the dominant neckline of the chart at USD 106,000.

The daily candlestick is approaching above this level would confirm the stubborn breakthrough from the rounded lower formation, introducing BTC into the discovery of the price with a technical goal of 140 956 USD, i.e. 37% boost compared to the current level.

The relative strength indicator, i.e. RSI, is 69, which suggests that there is still a place to run, especially with the upcoming Golden Cross.

According to Cointelegraph, by the end of this week it is possible to move to modern highest all time above USD 110,000, supported by BTC accumulation in all owners’ cohorts.

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.