Bitcoin’s price has climbed over 7% in the last four trading sessions, breaking its previous all-time highs and reaching above $111,000 for the first time.
This rally is fueled by rising optimism around U.S. regulatory progress and increased institutional interest, pushing Bitcoin’s market capitalization close to $2.2 trillion—a record high for the cryptocurrency.
In the U.S., the Senate has advanced the “Genius Act,” a bill aimed at regulating stablecoins, signaling a move toward clearer crypto regulations.
This legislative progress, supported by former President Trump and his advisors, has bolstered confidence across the crypto market by promising greater transparency and security.
The regulatory clarity is seen as a key factor differentiating crypto from traditional markets and encouraging more institutional participation.
Institutional demand is surging, with Bitcoin investment products attracting significant inflows. For example, Bitcoin ETFs have seen record investments, and major financial firms like JPMorgan are now allowing clients to buy Bitcoin.
This institutional backing is contributing to a strong bullish sentiment, reflected in the Fear & Greed Index hovering near “extreme greed” levels around 80 points.
Technically, Bitcoin has maintained a solid uptrend since early April, consistently trading above $100,000. The Relative Strength Index (RSI) indicates overbought conditions, suggesting potential short-term pullbacks.
Meanwhile, the MACD shows some divergence, hinting at possible corrections as Bitcoin consolidates its gains. Key price levels to watch are $110,000 as current resistance, $115,000 as a psychological barrier, and $107,000 as critical support.
Analysts remain optimistic about Bitcoin’s near-term potential, with some forecasting prices between $125,000 and $180,000 by the end of 2025, driven by institutional inflows and limited supply. T
he rally is also supported by broader economic concerns, including inflation fears, U.S. federal debt worries, and geopolitical tensions, which are driving investors toward Bitcoin as a hedge against traditional financial risks.
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