Bitcoin Smashes Records—$150K Target Flashes After New All-Time High
Bitcoin just ripped past its previous peak—and analysts say the party’s just getting started. Price models now point to a staggering $150K rally, leaving traditional finance clutching their spreadsheets.
The FOMO is real:
With institutional money flooding in and retail traders piling back, this isn’t your 2017 hype cycle. The charts scream bullish, but remember—Wall Street only loves volatility when they’re the ones causing it.
Cynic’s corner:
Sure, the numbers look juicy. But let’s see how fast the ’experts’ pivot to ’overbought’ warnings once their short positions get liquidated.
After reaching the $109,700 level on May 21st, which was followed by a swift correction, Bitcoin (BTC) created history on May 22nd, pushing to a new all-time high at $111,861.
With the leading cryptocurrency displaying strong upward potential as its price explores uncharted territory, a buying frenzy saw the crypto market grow by 4.03% on the same day.
Investors are now wondering how high BTC can go before it starts consolidating again, while the new bitcoin meme coin BTC Bull Token (BTCBULL) is also benefiting from the market rally. The project will release Bitcoin airdrops when BTC hits $150,000 and has raised over $6 million through its ongoing presale.
Several Factors Helped BTC Surge to a New ATH on Bitcoin Pizza Day
May 22nd is recognized as Bitcoin Pizza Day, marking the purchase of two large pizzas using Bitcoin by programmer Laszlo Hanyecz on May 22nd, 2010, worth approximately $41. To pay for the pizzas, the programmer sent 10,000 BTC to a crypto forum member, worth more than $1.1 billion on the same day, 15 years later.
While Bitcoin’s surge to its current price over the years wasn’t straightforward, as it had its ups and downs, the current market sentiment is extremely bullish as a result of several factors. Contributing factors include easing macroeconomic tensions, thanks to the US-China “tariff war” truce, and increasing institutional adoption that stems from improving regulatory clarity.
A clear indicator of increasing investor interest is the activity the BlackRock iShares Bitcoin Trust (IBIT) has seen just over the past month, attracting over $6.5 billion worth of inflows.
The aggressive institutional accumulation of BTC helped IBIT break into the top five ETFs by year-to-date inflows, and if buying pressure persists, it could reach the second spot by early July.
Among institutional investors, Strategy shows no signs of taking a break from its BTC accumulation pattern, as the company now holds 576,230 BTC. Its executive chairman, Michael Saylor, appears bullish on the token as he expects Bitcoin to surge to new highs.
Whales seem to agree, as Lookonchain reported that one whale held 22,223 BTC before it pushed past $111,000 after adding 6,111 BTC to their portfolio over the week. Despite the explosive performance of BTC, the whale is still holding their share, underscoring their trust in BTC’s potential to grow further.
Additionally, the Lookonchain team highlighted that Tether minted 2 billion USDT, flagging it as a bullish factor right before BTC exploded on May 21st.
As Bitcoin enters price discovery mode, technical analyst Henry expects it to maintain its momentum and reach $150,000 this summer.
Bitcoin has officially broken its All-Time High!
Now entering price discovery mode the next major stop: $133,500 retest zone, followed by a run toward $150K+
This breakout is not just HYPE …The momentum is real.
Stay sharp. Pullbacks = opportunities
Welcome to the $BTC… https://t.co/PFXrqjiCcl pic.twitter.com/Xsc5BWSheB
Although the analyst expects pullbacks along the way, especially around the $130,000 level, he is confident that strong upward movement will follow after each retest, advising his followers to accumulate BTC at its current price and after each healthy correction.
BTC Bull Token Appears Ready for an Explosive Debut as Presale Exceeds $6 Million
With Bitcoin eyeing $150,000, BTC Bull Token’s presale stands out for offering rewards tied to Bitcoin’s price.
The project will release Bitcoin airdrops to holders when BTC hits $150,000 for the first time, with another airdrop set for $200,000. When Bitcoin reaches $250,000, a BTCBULL airdrop will also be released to holders.
As well as the airdrops, BTCBULL token burns will occur when Bitcoin hits $125,000, $175,000, and $225,000, creating scarcity and potentially boosting the token’s price.
As BTCBULL’s unique ties to Bitcoin make it an asset that’s designed to be held, meme coin expert Austin Hilton advises his audience to enter the presale while the per-token price is low.
The presale has now raised over $6 million, indicating huge investor interest as the Bitcoin price continues to soar.
BTCBULL’s current per-token price of $0.002525 represents an excellent entry for those looking to maximize their investment, as it will only increase during the presale.
