Bitcoin’s Bullish Surge: Analysts Predict $150K Target After New All-Time High
Bitcoin has once again shattered records, reaching an unprecedented all-time high (ATH) of $111,861 on May 22nd, 2025, surpassing its previous peak of $109,700 set just a day earlier. This remarkable rally has ignited a 4.03% surge across the broader cryptocurrency market as investors flock to the digital asset. The timing of this milestone is particularly symbolic, coinciding with Bitcoin Pizza Day, which commemorates the first known commercial transaction using BTC. With market sentiment remaining overwhelmingly bullish, analysts are now setting their sights on a potential climb to $150,000. As of May 23rd, 2025, Bitcoin is trading at $110,926.86 USDT, showcasing its resilience and continued upward momentum. This article delves into the factors driving Bitcoin’s latest surge and explores the feasibility of the $150K target.
Bitcoin Price Prediction Indicates Rally to $150K After Hitting New ATH
Bitcoin surged to a record high of $111,861 on May 22nd, surpassing its previous peak of $109,700 set just a day earlier. The rally fueled a 4.03% gain across the crypto market as investors piled into the digital asset.
The milestone coincided with Bitcoin Pizza Day, commemorating the first known commercial transaction using BTC. Market sentiment remains bullish, with analysts eyeing a potential climb to $150,000. The BTC Bull Token (BTCBULL) project, which has raised $6 million in presale funding, plans to distribute airdrops when Bitcoin reaches that threshold.
Bitcoin Tops $110K as Cloud Mining Gains Traction
Bitcoin’s surge past $110,000 on May 21 has reignited bullish sentiment across cryptocurrency markets. Amid this rally, cloud mining emerges as a lucrative alternative to traditional buy-and-hold strategies, with some participants reportedly earning over $12,000 daily.
Cloud mining eliminates hardware ownership and operational complexities by allowing users to lease computing power remotely. The model democratizes access to bitcoin mining rewards without upfront capital expenditures on equipment or energy infrastructure.
BlackRock IBIT Accumulates Nearly 5,000 BTC as Bitcoin Surges Past $110,000
Bitcoin reached a historic high of $111,600 on Coinbase late May 21, 2025, propelled by institutional demand and market momentum. The rally defied a broader U.S. market sell-off triggered by a weak Treasury auction, underscoring Bitcoin’s growing decoupling from traditional assets.
BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day inflow of $530.6 million, absorbing nearly 5,000 BTC. Analysts interpret the milestone as evidence of maturing institutional interest, supported by robust infrastructure and regulatory clarity in digital asset markets.
