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Bitcoin Breaks Barriers: Soars to a Jaw-Dropping $104,873—Buckle Up!
Crypto Craze: Institutional Investors Pump Up the Bitcoin Price!
Hold onto your wallets, folks! Bitcoin just skyrocketed to a stunning $104,873 during the weekend, and the party isn’t slowing down! Renewed institutional interest and a wave of good news from the economic front are sending traders into a frenzy, with Bitcoin roaring back to life with a 12% surge this week!
$105K: The Golden Psychological Line!
The $105,000 resistance level is looming like a dark cloud, waiting to be shattered! Bitcoin flirted with the exhilarating $104,873 mark on May 10 before chilling at $103,451. This explosive uptick marks its highest price since all the way back in March 2025 when it flirted with a hefty $107,200!
What to watch for:
- Support: $100,000 (a mental milestone!)
- Resistance: $105,000 (the big 2025 target!)
- Projected Goal: $110,000 (a Fibonacci dream!)
Analysts at Solvery IG are keeping their eyes glued to their $105,000 prediction for May and they’re not alone—BTC is hitting months-long highs with a bang!
Michael Saylor’s Monster Move: $21 Billion Bitcoin Bet!
MicroStrategy is ON FIRE! The rebranded powerhouse is planning to go all-in, aiming to rake in a jaw-dropping $21 billion through an at-the-market equity offering! Following a stunning valuation shift that recognized $12.7 billion in unrealized BTC gains, Saylor is positioning Bitcoin as the "ultimate corporate treasury asset!"
With 553,000 BTC now valued at an eye-popping $57.3 billion, Saylor’s influence has sparked over 70 public companies to invest in Bitcoin. Recent SEC filings reveal 23 corporates making moves with over $100 million in Bitcoin just in Q1 2025!
ETF Inflows: Institutional Love Affair with Bitcoin!
The Bitcoin love fest continues! Last week, Bitcoin investment products saw an astonishing $1.04 billion in net inflows, with US spot ETFs dominating the scene at a whopping 78% of total volume! This tidal wave comes despite the SEC’s agonizing holds on altcoin ETF applications—talk about Bitcoin being the smart choice!
| Here’s who’s bringing in the big bucks: | Fund | Weekly Inflows |
|---|---|---|
| BlackRock IBIT | $427 million | |
| Fidelity FBTC | $298 million | |
| Ark 21Shares ARKB | $153 million |
21Shares is still betting big, recently signaling confidence with an SUI ETF filing! Get this—ETF flows now constitute a mind-blowing 22% of Bitcoin’s daily trading volume!
Market Impact: Bitcoin’s spectacular surge highlights a tidal wave of institutional confidence against a backdrop of expanding monetary liquidity. With the M2 money supply growing like a weed at 5.8% annualized, analysts are boldly predicting that ongoing demand could propel BTC straight to $150,000 by Q4 2025! But beware—traders are on high alert for any profit takers lurking near these historic highs!
Keep your eyes peeled and wallets ready, because Bitcoin’s thrill ride is just getting started!
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