Bitcoin Surges 12% on $107M Buy Order as Bullish Momentum Builds

Bitcoin (BTC) has experienced a significant 12% price surge over the past two weeks, driven by a massive $107 million buy order that has reinforced its bullish trajectory. The Bitcoin Bull Index recently reached a new high, indicating strong upward momentum, while market indicators suggest the rally could continue. However, resistance near the $95,000 level poses a potential downside risk. Liquidity flows and price momentum metrics further confirm BTC’s bullish stance, with the current price standing at 107,409.97 USDT as of May 24, 2025.

$107M Bitcoin Buy Propels BTC to 12% Gain Amid Bullish Signals

Bitcoin surged 12% over the past two weeks following a $107 million buy order, reinforcing its bullish trajectory. The bitcoin Bull Index recently hit a new high, signaling strong upward momentum. Market indicators suggest the rally could persist, though resistance near $95,000 poses a potential downside risk.

Liquidity flows and price momentum metrics confirm BTC’s bullish stance. However, the asset’s ability to maintain its climb hinges on overcoming near-term technical hurdles. Institutional interest and on-chain activity remain key drivers of the current trend.

Spar Supermarkets to Launch Bitcoin Payments Across Switzerland – Adoption Rising

Switzerland’s retail sector takes a bold leap into cryptocurrency as Spar Supermarkets announces plans to accept Bitcoin payments nationwide. Following successful pilots in Zug and Kreuzlingen, the grocer will implement Lightning Network QR codes via DFX Swiss’s OpenCryptoPay platform, enabling instant settlements at all checkout counters.

The move cements Switzerland’s position as a leader in real-world crypto adoption, with over 600 crypto-friendly merchants already operational. Spar becomes the country’s first major grocery chain to integrate Bitcoin at scale, with locations now visible on community-driven BTC Map.

This development signals growing institutional confidence in Bitcoin’s utility as a payment rail, particularly through LAYER 2 solutions like the Lightning Network that address scalability challenges. Market observers note the strategic importance of supermarket adoption—a high-frequency touchpoint that could normalize crypto usage for daily necessities.

Bitcoin Eyes $108K as Capital Inflows Strengthen Bullish Momentum

Bitcoin’s price action has reached a critical phase, with key resistance levels at $90K and $93K now breached. Analysts, including Willy Woo, maintain a bullish stance, targeting $108K as the next milestone, with $103K as an immediate near-term goal. Market sentiment suggests that all dips present prime buying opportunities.

Despite the optimism, caution lingers. WOO highlights Bitcoin’s on-chain VWAP (Volume Weighted Average Price) as a metric to watch, signaling potential volatility ahead. The current trajectory underscores the importance of strategic entry points and risk management for investors.

Bitcoin Bulls Charge as Technical Indicators Flash Green

Bitcoin’s monthly chart reveals a bullish outside candle against the US dollar, signaling a potential reversal after two consecutive months of decline. The Relative Strength Index (RSI) reinforces this optimism, holding above the critical 50.00 level and evading a double-top breakdown.

Daily charts show BTC/USD bulls gaining momentum after testing support NEAR $73,575. The cryptocurrency has decisively breached both the 200-day ($81,139) and 50-day ($86,425) moving averages, while simultaneously overcoming trendline resistance drawn from its all-time high of $109,580.

Strategy Boosts Bitcoin Holdings to $37.9 Billion with $1.42 Billion Purchase

Strategy has significantly expanded its Bitcoin reserves, acquiring an additional 15,355 BTC for approximately $1.42 billion. The purchase, executed at an average price of $92,737 per Bitcoin, underscores the firm’s aggressive accumulation strategy.

As of April 27, 2025, the company now holds 553,555 BTC, valued at $37.90 billion. Founder Michael Saylor announced the MOVE via social media, highlighting a year-to-date Bitcoin yield of 13.7%.

The Virginia-based software firm continues to lead corporate Bitcoin adoption, with its latest SEC filing confirming the substantial investment. Market observers view this as a strong institutional endorsement of Bitcoin’s long-term value proposition.

Crypto ETFs See Third-Highest Weekly Inflows as Standard Chartered Predicts $120K Bitcoin

Crypto exchange-traded funds recorded $3.4 billion in net inflows last week, marking the third-largest weekly inflow on record. Institutional demand surged as the US Dollar’s influence waned, with one strategy acquiring 15,355 BTC for $1.4 billion.

Standard Chartered’s Geoffrey Kendrick forecasts Bitcoin could reach $120,000 by Q2, capitalizing on the current bullish momentum. The firm’s total BTC holdings now stand at 553,555 coins.