US EditionBitcoin Price Aims Higher: Is the Rally Just Getting Started? - Overpasses For America
- Bitcoin price started a fresh upward move in late May 2025, trading above $108,500 and reaching a new all-time high above $111,600 on Kraken's BTC/USD hourly chart.
- The upward movement occurred after Bitcoin surpassed a significant downward trendline acting as resistance near $107,800, following a correction to approximately $106,672 from the previous high of $111,983.
- The price climbed above the hourly 100-period SMA and surpassed the 23.6% Fibonacci retracement, encountering immediate resistance around $110,000, while the 61.8% Fib level remains near the current price range.
- Spot Bitcoin ETFs attracted $2.75 billion in inflows from May 17 to May 23, marking a 4.5% rise compared to the previous week, while the Crypto Fear & Greed Index declined from a level of 78 to 66, signaling a modest decrease in market optimism amid growing institutional engagement.
- If Bitcoin surpasses the $111,800 resistance, it could test $113,000 or even $115,000, but failure to break above $111,000 might trigger another correction toward supports near $108,000 and $107,500.
11 Articles
11 Articles
Bitcoin Price Aims Higher: Is the Rally Just Getting Started? - Overpasses For America
Bitcoin price started a fresh increase and traded to a new all-time high above the $111,600 zone. BTC is now consolidating and might start another increase above $111,000 Bitcoin started a fresh upward move from the $106,800 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $107,800 on the hourly chart of the BTC/USD pair (data feed from Kraken…
Bitcoin Price Faces Key Hurdles — Can Bulls Power Through?
Bitcoin price started a fresh increase above the $108,000 zone. BTC is now consolidating and might start another increase if it clears $110,750 Bitcoin started a fresh upward move above the $107,500 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with...
Bitcoin Eyes $155,600 After 7 Straight Weeks in Green - Crypto News Flash
Bitcoin closes green for seven straight weeks, signaling strong ongoing bullish sentiment from both retail and institutional investors. High open interest and on-chain liquidation risks indicate intense market positioning and possible volatility ahead. After closing the seventh week in the green, Bitcoin’s new big target has emerged: $155,601.73. This level is not just a random number on the chart, but is said to be a new All-Time High (ATH) tha…
100% of Bitcoin Wallets in Profit—Euphoria or Exit Signal?
Key Insights: 100% of Bitcoin addresses are now holding at a profit as BTC trades above $109,000. Major USDC inflow signals strong buying interest amid rising Bitcoin prices. Both short- and long-term holders show low profit-taking, similar to past bull cycle trends. Bitcoin crossed a new milestone as every tracked wallet entered profit while BTC traded above $109,000. This moment echoed previous cycle peaks and indicated strong market momentum…
Bitcoin Price Aims Higher: Is the Rally Just Getting Started? – MAXBIT
Bitcoin price started a fresh increase and traded to a new all-time high above the $111,600 zone. BTC is now consolidating and might start another increase above $111,000 Bitcoin started a fresh upward move from the $106,800 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There was a break...
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