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Bitcoin Bulls Charge Ahead: Surging Past $90,000 and Eyeing $100,000

Bitcoin Bulls Charge Ahead: Surging Past $90,000 and Eyeing $100,000

Published:
2025-05-30 06:37:14
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Bitcoin has experienced a remarkable recovery, surging over 28% since its April 7th low and confidently reclaiming the $90,000 mark. This resurgence signals a potential shift in market sentiment as buyers regain control. However, the $100,000 resistance level remains a critical hurdle. A decisive breakout above this threshold could solidify the bullish outlook and pave the way for new all-time highs. Despite macroeconomic uncertainties and geopolitical tensions, Bitcoin’s resilience underscores its growing strength in the financial sector. As of May 30, 2025, BTC is trading at 105,975.47 USDT, reflecting renewed investor confidence and a fresh wave of capital inflows. The cryptocurrency market is poised for an exciting phase, with Bitcoin leading the charge.

Fresh Wave Of New Money Flows Into Bitcoin After Market Cooldown – Can Bulls Take Over?

Bitcoin has surged over 28% since its April 7th low, reclaiming the $90,000 threshold with conviction. This rebound signals a potential shift in market sentiment, as buyers regain control. Yet the $100,000 resistance looms—a decisive breakout WOULD solidify the bullish thesis and pave the way for new all-time highs.

Macroeconomic crosscurrents and geopolitical tensions have done little to dampen Bitcoin’s resilience. Analysts monitor the cryptocurrency’s ability to sustain its structure amid elevated volatility. CryptoQuant data reveals an emerging trend: capital is returning after weeks of stagnation, suggesting renewed institutional interest.

Big Money Bets on Bitcoin: $3.2 Billion Inflows and Whale Accumulation Hint at $106,000 Breakout

Bitcoin is witnessing unprecedented institutional interest, with $3.2 billion flowing into the market and large holders accumulating aggressively. Analysts speculate a breakout toward $106,000, fueled by ETF support and bullish sentiment. The cryptocurrency now straddles the line between speculative frenzy and legitimate long-term investment—though caution prevails as profitable supply nears 90%, a historical correction threshold.

On-chain metrics paint a compelling picture. Centralized exchange reserves have plummeted to a seven-year low, with just 2.492 million BTC remaining on platforms. This scarcity dynamic mirrors pre-bull market conditions. Meanwhile, over 85% of Bitcoin’s circulating supply sits in profit, a statistic that typically precedes volatility when exceeding 90%.

Bitcoin Holder Confidence Strengthens as Price Nears $95K Threshold

Bitcoin’s steady climb toward $95,000 reflects deepening conviction among holders, with exchange netflows turning negative as accumulation intensifies. The absence of mass profit-taking suggests traders view this rally as structurally different from previous cycles.

Fundamental tailwinds include Arizona’s legislative progress toward a state Bitcoin reserve and miner selling pressure hitting 12-month lows. This combination of technical strength and macro adoption signals potential for extended upside.

Bo Hines Unveils Plan for Strategic Bitcoin Reserve As US Eyes “BTC Superpower” Status

Bo Hines has detailed the United States’ accelerated plans to establish a strategic bitcoin reserve, positioning the nation to compete in what he describes as a "space race" for BTC accumulation. The initiative aligns with former President Trump’s vision for digital asset dominance, leveraging Bitcoin’s scarcity and decentralized nature as long-term value propositions.

Hines emphasized the urgency of action to prevent other nations from gaining a first-mover advantage in BTC reserves. "I think there is a sort of space race as it pertains to the accumulation of this asset," he stated during a recent interview, framing Bitcoin as the "digital gold" standard for national reserves.

El Salvador Prioritizes Bitcoin Accumulation Amid IMF Loan Agreement

El Salvador’s Economy Minister Maria Luisa Hayem reaffirmed the nation’s commitment to Bitcoin accumulation during a live interview at the Rio de Janeiro Web Summit. Despite securing a $1.4 billion IMF loan agreement in December after four years of negotiations, the government continues to prioritize Bitcoin as a strategic asset.

"Bitcoin keeps being an important project," Hayem told Bloomberg News. The minister highlighted growing asset accumulation from both public and private sectors, signaling sustained confidence in the cryptocurrency. The IMF notably reduced its risk assessment of El Salvador’s Bitcoin adoption—a previous sticking point in negotiations.

The 40-month disbursement program marks a significant milestone for the first country to adopt Bitcoin as legal tender. Market observers note the development demonstrates institutional cryptocurrency adoption can coexist with traditional financial frameworks.

Bitcoin Price Projections for 2025: $150K or $210K?

Bitcoin’s current consolidation around $95K faces resistance as retail sell-offs increase, according to Swissblock analysts. The $94K–$95K range remains a critical break-even level for retail investors, potentially delaying a breakout until selling pressure subsides.

Despite short-term hurdles, bullish sentiment persists. Analysts like Mathew Hyland highlight Bitcoin’s weekly candlestick close above $92K as a sign of underlying strength. Price validation models suggest BTC could reach $150K–$200K by 2025, reflecting long-term Optimism amid near-term volatility.

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