🚀 Bitcoin Smashes ATH Again: Why This 2025 Rally Defies All Expectations

Bitcoin just punched through its all-time high—again. But this isn't your 2021 bull run déjà vu. The king of crypto's latest surge comes with institutional artillery that wasn't there last time.

The whales are playing a different game

BlackRock's spot ETF now holds more BTC than MicroStrategy. Pension funds are quietly allocating. This isn't mom-and-pop FOMO—it's the financial establishment building digital gold reserves while CNBC anchors still debate 'tulip mania.'

Liquidity tsunami meets halving math

Post-halving supply crunch collides with money printers running hot globally. Even Wall Street's most cynical quant models can't ignore the perfect storm brewing in Satoshi's code.

The kicker? Half the banking sector still can't custody crypto properly—but they'll gladly charge you 2% fees to 'manage' your spot ETF shares. Some things never change.

Also, the trading firms I speak to are bearish, but it is worth noting that they were also bearish from BTC's $30k to $70k run in the last cycle's double top.