The price of Bitcoin increased by 40% in 6 weeks, settling in the highest barrier of $ 100,000 for 11 days, recorded the highest fourth level of its daily traffic compared to this barrier with the highest weekly closure at $ 106,500.
The price of Bitcoin exceeded the level of $ 107,500 at the start of the day on Wednesday, to become only 1.1% of its highest levels recorded at all (ATH) at $ 108,786, investors looking for a safe refuge in the light of the global lack of certainty, which caused the exit from the price of the highest and larger of $ 105,000.
In the past six weeks, the price of Bitcoin has increased by 40%, to pay the highest $ 100,000 for more than 11 days, and the BTC / USD pair has closed its daily exchange at the highest level of $ 105,000 for only 4 times before, and it is closed last week at $ 106,500 the highest levels of weekly closure of the story last week.
Reduction of Moody’s UNLEASHS credit the start of digital assets
The high price of Bitcoin is fired by concerted compounds of favorable geopolitical factors and from the other economy, because Moody’s is to lower the classification of American debt, which has aroused concerns about traditional financial systems, while appetite increased to risk after the drop in commercial war tensions between the United States and China.
While continuous inflation rates have led to the erosion of the purchasing power of cash currencies, as well as to the approach of the federal reserve to use the reduction in interest rates, causing high return from cash obligations, which have strengthened the demand for bitcoin as a coverage.
Investments take place towards exchange funds on the stock market (ETF) ignite the dynamics, according to analysts
The FNB Bitcoin Spot managed to attract solid investments, as net investments of $ 329 million was observed yesterday on May 20, recording the fifth days of net investments of roses respectively, and also witnessed its ETHiot ETT. For the third consecutive day, at a value of $ 64.9 million.
Each solid price access which quickly changes large volumes of parts of the loss to profit grows, the 30 -day SMA of the UTXO profit / loss ratio greater than 200. The higher the tip,
Today, metric … pic.twitter.com/t9mohfamhr– Axel
Adler Jr (@Axeladlerjr) May 21, 2025
On this subject, Himanshu Maradiya – Founder and President of the CIFDAQ – estimates that the market always goes through a relative stability phase with a repeated BTC price test for an obstacle of $ 106,000, adding that “this new organizational opening and the increase in institutional participation continue to put digital assets in an appropriate position to pursue a long -term growth despite the stability of price stability in a platform traditional.
Ruuslan Linkha, market manager in Youhodler, also stressed that there is a clear tendency to collect BTC sales, explaining that:
“The possibility of a prices correction cannot be excluded, especially if the domination of the negative general mood in the stock markets is renewed, but that the possibility of crystallizing this scenario is still relatively low in the term foreseeable to the average.”
For its part, Axel Adler – one of the analysts of cryptocurrency sites – sees that the market goes through a stage of activity and is about to correct the correction if the average value of the rate of profit and the losses of the owners of the BTC currencies which were traveling (which has been broadcast) during the last 30 days of the value of its counter in 200 days, but the current reading indicates 99 indications of the increase in activity. To date.
While the Bitcoin price is currently approaching its highest registered levels, market monitors believe that the next few days will be decisive; If buyers can maintain the price of more than $ 107,000 and exceed $ 108,786, the price is likely to test new high levels.
Follow us via Google News
The price of Bitcoin exceeds $ 107,000 is close to its highest registered levels, what is behind this height? APPLERDIRST on Arab Cryptonews.
