Bitcoin Breaks Records, Road to $120.000? A Comprehensive Analysis

  

Bitcoin hits a historic $111K high in May 2025 amid regulatory breakthroughs and institutional demand. Explore key drivers, expert forecasts up to $1M, and what lies ahead on the road to $120,000.

May 2025 has seen Bitcoin (BTC) not just reclaim its momentum but shatter records—rising above $110,000 for the first time in history and igniting fresh waves of institutional and retail interest.

In what many analysts are calling the beginning of a new supercycle, the world's largest cryptocurrency appears to be entering uncharted territory, driven by legislative progress, corporate adoption, and favorable macroeconomic conditions.

Historic Surge: Bitcoin Tops $110K Amid Regulatory Wins and Institutional Demand

Source: TradingView

Bitcoin’s meteoric rise has captivated the financial world once again. On Wednesday, BTC soared past $110,000, hitting an all-time high of $111,999 before settling around $111,046.88—a gain of over 45% since its early April low of $76,000.

The rally marks seven consecutive weeks of green candles and pushes Bitcoin’s market capitalization to $2.17 trillion, with its realized cap reaching $911.5 billion, according to Glassnode.

This surge came on the heels of multiple bullish catalysts. Chief among them was the Senate’s advancement of the GENIUS Act, the first comprehensive stablecoin regulatory framework in the U.S., signaling a tectonic shift in how Washington approaches crypto.

President Trump, now in his second term, has made crypto regulation a legislative priority, with plans to sign the bill into law by August.

The regulatory optimism was further fueled by JPMorgan CEO Jamie Dimon’s announcement that the bank will now allow clients to purchase Bitcoin—a stunning reversal from one of crypto’s most vocal critics.

Corporate Treasuries and Institutional Adoption Fuel the Rally

Beyond policy, Bitcoin’s latest ascent is also deeply rooted in rising demand from corporate treasuries.

Michael Saylor’s MicroStrategy (MSTR) made headlines again after purchasing an additional $765 million in BTC last week, bringing its total holdings to over $63 billion.

Analysts note that such moves are no longer outliers; public companies now hold roughly 15% of the total Bitcoin supply—a 31% increase since the start of the year.

Bitcoin ETFs continue to gain traction, with consistent inflows and strong institutional engagement. Global ETPs (exchange-traded products) now manage a record volume of BTC, indicating a transition from speculative asset to strategic reserve.

Technical Landscape: Wedges, Crosses, and Price Projections

Source: Titan of Crypto on X

Technically, Bitcoin’s price has been moving within a rising wedge pattern since bottoming in April. While wedges often signal potential reversals, the recent breakout above the upper trendline has coincided with bullish momentum indicators.

The 50-day moving average (MA) crossed above the 200-day MA this week—forming a golden cross, typically seen as a harbinger of sustained upside.

Using the bars pattern projection method, analysts have identified a near-term bullish target of $120,000, with longer-term projections stretching even further.

The 1.618 Fibonacci extension, a favored tool in crypto forecasting, suggests a move to $135,000–$140,000 is possible later this year.

Support Levels and Cautionary Notes

Despite the bullish momentum, key support levels remain crucial. Immediate support sits around $107,000, a level formed by former resistance in December and January.

Failure to hold this could prompt a pullback to $100,000, with deeper corrections potentially targeting $92,000—a zone of significant historical trading activity.

Analysts like João Wedson of Alphractal advise investors to stay cautious. Bitcoin’s heatmaps suggest a move into high-leverage zones, which could be ripe for liquidation traps. “Public euphoria around all-time highs can be dangerous,” he warned. “Risk management is essential.”

Analyst Forecasts: From $150K to $1 Million

Source: Cointelegraph

The latest wave of bullish projections is as diverse as it is ambitious:

1. Peter Brandt sees a top between $125,000 and $150,000 by late summer.

2. Arthur Hayes forecasts $150,000 in 2025, citing aggressive central bank policies.

3. Tim Draper boldly expects $250,000 by year-end, calling Bitcoin adoption a corporate imperative.

4. Standard Chartered and Bernstein both predict $200,000 within this bull run.

5. Adam Back, CEO of Blockstream, envisions a $500,000 to $1 million target in this cycle, especially as institutional money deepens.

6. BlackRock CEO Larry Fink floated a long-term projection of $700,000, emphasizing the impact of sovereign wealth fund allocations.

7. Coinbase CEO Brian Armstrong went further still, stating BTC could reach the “multi-millions” eventually, citing potential nation-state adoption.

The Macro Backdrop: Trade Easing, Fed Policy, and Inflation Hedges

Bitcoin’s rise is also reflective of larger macroeconomic shifts. A temporary easing in U.S.–China trade tensions and renewed interest in non-sovereign assets amid Moody’s downgrade of U.S. debt have pushed investors toward Bitcoin as a hedge.

Despite high Treasury yields and weak equity markets, Bitcoin has decoupled from traditional financial instruments, reinforcing its narrative as “digital gold.”

The Trump administration’s Strategic Bitcoin Reserve, established earlier this year, has also bolstered sentiment, underscoring federal support for the asset’s long-term integration into the U.S. financial system.

Altcoins Follow Suit

Bitcoin’s rally has lifted the broader crypto market. Ethereum rose 5% to $2,600, XRP climbed 3.9% to $2.42, and Solana, Cardano, and Polygon posted gains between 2% and 6%.

Meme tokens such as Dogecoin and $TRUMP also surged, the latter gaining 15% on the day.

Conclusion: The New Bitcoin Era Has Arrived

With strong institutional backing, favorable regulatory winds, and increasingly bullish technicals, Bitcoin appears to be entering a transformative phase.

While corrections are inevitable and risks remain, the broader picture suggests that BTC is no longer just a speculative asset—it’s fast becoming a foundational element of modern finance.

As we look ahead, the road to $120,000 and beyond seems increasingly likely—not a question of if, but when.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

ILDEX Philippines 2025 Expands to Halls 1–4: Setting a New Benchmark for the Livestock Industry | 27–29 August 2025, SMX Convention Center Manila

 

May 2025 - Manila, Philippines – ILDEX Philippines, the leading international exhibition for the livestock, dairy, meat processing, and aquaculture industries, is proud to announce its expansion to Hall 4 at the SMX Convention Center Manila. Taking place from 27–29 August 2025, this expansion marks the largest edition in the show’s history, reinforcing ILDEX Philippines' role as the premier platform for the industry in Southeast Asia.

The expansion follows the strategic announcement in November 2024 to annualize the Philippine Poultry Show and ILDEX Philippines. Since then, overwhelming interest from both local and international stakeholders has driven the need for additional space. The addition of Hall 4 ensures that the growing number of exhibitors can be accommodated, delivering an even more vibrant and comprehensive experience for all participants.

“In response to the growing interest and increasing number of exhibitors and visitors, we are excited to announce the expansion of the exhibition space for the Poultry Show and ILDEX. This move will allow us to accommodate more participants, showcase a wider range of innovations, and enhance the overall event experience. The additional space will also improve traffic flow, provide more networking areas, and ensure a more comfortable environment for both exhibitors and attendees.

We are working hard to provide exhibitors and visitors with a brand-new experience at the Poultry Show and ILDEX Philippines. We look forward to welcoming everyone to a bigger and better event this year” stated by Ms.Mildred Esquillo, PPS Event Manager, DeltaMan.

An Unparalleled Gathering of Global and Local Industry Leaders This year's edition will bring together an impressive lineup of brands, with 75% of exhibitors representing international companies and 25% from the Philippines. Confirmed national pavilions include major presences from Europe and China, underscoring the global significance of ILDEX Philippines.

Visitors can expect to meet and connect with many of the world’s leading names in the livestock industry, including:

ADM, Alltech, Atlas, Big Dutchman, Bounty, Cargill, CEVA, CP Food Philippines, DSM-Firmenich, Elanco, EQUALIVET, PhilNutri, Philchema, Pilmico, Pure Bioscience, Superiorvet, and Vitarich. These renowned companies represent the full spectrum of the livestock supply chain—from animal health and nutrition to feed production, breeding, genetics, equipment, and processing solutions—showcasing the very latest innovations and technologies.

“We have received really positive response from the industry and our clients over the past months since we decided to annualize the show. This has given us a lot more confidence to expand into hall 4, allowing us to welcome more leading exhibitors and participants together in “Philippine Poultry Show & ILDEX Philippines 2025”. This extension is not only reflecting the show’s growth, but also showing our commitment to the development of the livestock industry in the Philippines market.” Mr. Kevin Zhao, Senior Project Manager, ILDEX Philippines, said.

New Highlights for 2025: A Broader and Deeper Focus ILDEX Philippines 2025 will not only continue to be the key platform for the feed and poultry sectors, but will also place a strong new emphasis on the swine and aquatic industries. Dedicated exhibition zones and technical seminars will allow visitors to gain cutting-edge insights and solutions tailored to these rapidly growing sectors.

Exclusive Hosted Buyer Program Launching in June 2025, the Hosted Buyer Program offers selected key buyers with strong purchasing power in the livestock, feed, and aquaculture industries complimentary flights and hotel in Manila. This highly curated program provides exclusive networking opportunities, personalized business matchmaking services, and valuable one-on-one connections between buyers and exhibitors to maximize the business impact of the event. Application details will be announced via email and on the official website. For further information, please contact info@ildex-philippines.com.

A Show Not to Be Missed With a greatly expanded exhibition space, a record number of leading brands, new sector highlights, and enhanced networking opportunities, ILDEX Philippines 2025 is set to be the must-attend event for anyone involved in the livestock, dairy, meat processing, and aquaculture industries. This year’s edition will deliver unparalleled business opportunities, learning experiences, and industry connections—solidifying ILDEX Philippines as the most important livestock event in the region.

About VNU Asia Pacific

Secure your place now and be part of the future of livestock innovation at Philippine Poultry Show & ILDEX Philippines 2025. Register now at https://ildexph2025.jupinnothai.net/Registration/ChooseTypeRegis.aspx?codeInv=ILDPH06

This press release has also been published on VRITIMES

bneXt Partners with Tehama​ Technologies ​​to Deliver Secure, Tailored Hybrid Work Solutions

 

Makati City, Philippines – April, 2025 – In a strategic move set to redefine the hybrid work landscape in the Asia-Pacific region, bneXt Inc., a leading digital transformation consultancy and SAP Gold Partner in the Philippines, has partnered with Canada-based Tehama Technologies​​, a ​leader in secure ​cybersecurity, ​virtual desktop infrastructure (VDI) and hybrid work enablement. The collaboration aims to deliver customizable, secure, and scalable digital workplace solutions for businesses navigating the complexities of today’s decentralized work environments​ and evolving security challenges​. 

This partnership marks a significant milestone in both companies’ missions to help organizations modernize operations, strengthen cybersecurity postures, and embrace flexible working models without compromising compliance or performance. 

In the wake of global workplace transformation, organizations have recognized that flexible work is not a temporary shift but a permanent evolution. While hybrid and remote work offer numerous benefits such as employee flexibility, cost savings, and expanded talent access, they also introduce new challenges in managing cybersecurity, access control, ​​regulatory compliance​ and data and AI governance​. 

This is where the collaboration between bneXt and Tehama​ Technologies​​ becomes critical. 

“Our partnership with ​Tehama Technologies ​aligns perfectly with bneXt's commitment to deliver​     ​ innovative and secure digital solutions,” said Teh Opinion, President and CEO of bneXt. “Together, we're enabling our clients to embrace the future of work with confidence, ensuring their teams can operate securely from anywhere in the world.” 

Founded on the principle that secure work shouldn’t be a barrier to innovation, ​Tehama Technologies​​     ​ ​uniquely combines highly secure data enclaves, integrated cybersecurity services and end point protection with VDI to​ deliver the​ most ​comprehensive, secure virtual workspace platform​. Its Desktop-as-a-Service (DaaS) solution offers more than just remote desktop access as it combines zero-trust network access (ZTNA), encrypted communications, automated compliance, session recording, and granular role-based access controls in a single, cloud-native environment. 

​​“Tehama’s platform complements our existing services, allowing us to offer a more comprehensive suite of solutions,” added Rensie Ubilas, Director for Technology and Platforms at bneXt. “This collaboration enhances our ability to support organizations in their digital transformation journeys, particularly in strengthening the security and compliance posture of hybrid work operations.”​ ​​ 

​​bneXt, a trusted SAP Gold Partner and digital consultancy, has a track record of helping enterprises optimize their operations through innovative technology solutions. ​     ​​ 

The company is known for its expertise in SAP implementation, cloud modernization, managed services, and enterprise systems integration. Its approach is consultative, agile, and deeply rooted in solving industry-specific challenges. With digital transformation now tightly linked to employee experience and operational agility, bneXt’s expanded focus on secure hybrid work solutions comes at a pivotal time. 

By integrating Tehama’s secure access platform with its existing service offerings, bneXt will now be able to provide clients with faster and secure onboarding of remote and third-party workers, end-to-end compliance with industry and government regulations, reduced IT overhead and infrastructure costs, and improved user experiences for distributed teams. 

Both bneXt and Tehama see this partnership as more than a tactical collaboration. It’s a long-term strategic alliance that will leverage the expertise of both organizations to deliver quality bespoke offerings to customers from any industry and size.   

​​​​​​Organizations can no longer treat security, compliance, and productivity as siloed or disconnected strategies. Enterprise and public sector organizations are seeking comprehensive solutions from their partners that deliver immediate value without breaking the bank or compromising their security," says Mick Miralis, Chief Revenue Officer, Tehama Technologies.​​ 

​​Our partnership with bneXt delivers a gamechanger and highlights our shared commitment to providing the most advanced cybersecurity platform to businesses across APAC. Together, we aim to empower our customers to accelerate digital transformation and enhance their security posture and accessibility, from desktops to the cloud and their data.​ 

For media inquiries or partnership opportunities, visit www.bnext.tech or email marketing@bnext.tech. 

About bneXt Inc.

bneXt is a premier IT consultancy and SAP Gold Partner delivering intelligent enterprise solutions across industries globally.  The team specializes in SAP and other business solutions to drive digital transformation, while maintaining the highest client retention and a record of zero failed implementations.  At bneXt, we combine deep technical expertise, vast industry experience, and relevant business insights to help organizations scale, innovate, and thrive in the digital age.

About Tehama Technologies

Tehama Technologies is a global cybersecurity leader specializing in hybrid work solutions, compliance, data and AI governance, and security operations. Our flagship platform, anchored by secure perimeter data enclaves, empowers organizations to remain resilient and responsive in an ever-evolving digital landscape. From endpoint isolation to real-time auditing, we deliver end-to-end protection for digital assets and applications—enabling safe, compliant, and accelerated digital transformation.

This press release has also been published on VRITIMES

Nette Montenegro Recognized as the Best SEO & Digital Marketer for SMEs in the Philippines

 

Nette Montenegro is a highly respected SEO and digital marketing expert in the Philippines, known for helping small and medium-sized enterprises (SMEs) grow their online presence. With over three years of experience, she delivers results-driven strategies focused on SEO optimization, Google Business Profile management, and social media integration. Her clear communication, professionalism, and passion for helping local businesses succeed have made her a trusted name in the digital marketing industry.

May 23, 2025 – Manila, Philippines —Nette Montenegro, a rising force in the Philippine digital marketing scene, is gaining national recognition for her exceptional work in SEO and small business growth strategy. With over three years of experience helping local entrepreneurs thrive online, Nette has built a reputation as one of the most trusted and results-driven digital marketers for small and medium-sized enterprises (SMEs).

Combining technical SEO with content strategy and local search optimization, Nette empowers SMEs to dominate Google search results, reach new customers, and turn visibility into conversions. She is particularly known for her skill in optimizing Google Business Profiles, crafting high-ranking website content, and implementing cost-efficient digital strategies tailored to the Philippine market.

“My mission is simple: help small businesses get seen, trusted, and chosen online,” said Nette. “It’s not just about keywords—it’s about building real connections with customers through visibility and credibility.”

Clients value her for her transparency, strategic mindset, and ability to explain complex digital concepts in a way that business owners can easily understand and apply. Her growing portfolio includes work across various industries—from local retail and food services to real estate and professional services.

About Nette Montenegro

Nette is a freelance SEO and digital marketing specialist based in the Philippines. She provides SEO content writing, on-page optimization, GBP optimization, and social media strategy for local brands and startups across the Philippines. She’s passionate about helping SMEs grow sustainably in the competitive digital world.

Media Contact:Nette Montenegro

📧 Email: nette.seo.ph@gmail.com

📱 Phone: +63 912 345 6789

🔗 LinkedIn: Nette Montenegro – SEO Specialist PH

This press release has also been published on VRITIMES

WalterMart Community Malls opens a One-Stop-Shop Destination in Arayat, Pampanga

WalterMart continues its mission in bringing the good life to more Filipino families with the grand opening of WalterMart Arayat last May 16, 2025 - a full-service one-stop-shop community mall that answers every Kapampangan’s daily needs in one destination.  

Located at Brgy. San Jose Mesulo, the new WalterMart Arayat is a mall designed with the Kapampangan family in mind. Whether it’s grocery shopping, dining, errands, or family bonding time, the new mall offers a complete, hassle-free experience—making it a go-to destination for millions of customers annually.

A Major Milestone: The 50th WalterMart Supermarket

At the heart of WalterMart Arayat is the opening of the 50th WalterMart Supermarket—a flagship branch that proudly champions local love through its Palengke Fresh initiative, a “farm-to-table” campaign that brings fresh, high-quality produce, sourced directly from local farmers. This 50th WalterMart Supertmarket also showcases a diverse selection of both international and local products, catering to every shopper’s needs. It also carries a wide array of everyday essentials, and stylish family finds—providing branded value with one-stop-shop convenience.

A Complete Mix of Shopping, Dining, and Family Spaces

WalterMart Arayat brings together essential categories—from groceries, general merchandise, appliances, pharmacy, health and wellness, to quick service restaurants—all under one roof.

Knowing how Kapampangans enjoy a wide variety of delicacies, the mall also provides a diverse dining experience, with both well-loved fast food chains such as Jollibee, Mang Inasal, and KFC, as well as S&R Pizza, HapChan, and a mix of local and popular eateries housed within a comfortable and inviting food court section.

Shoppers are also treated with a convenient and world-class shopping experience. The new WalterMart Arayat offers FREE parking for all types of vehicles, making sure that each customer visit is hassle-free. With FREE Wi-Fi access, WalterMart Arayat also promotes interactive and engaging activities that foster social connections—bringing the community together in a warm, connected, and inclusive environment.

Committed to deliver best in class shopping experience and promote family bonding, the mall also features a dedicated play area for kids, Instagrammable green lounges and cozy seating area for friends and families to hang out and socialize, a comfortable customer lounge for relaxation, and an activity center designed to host weekend family workshops, worship services, and community-driven events.

Eco-Conscious and Future-Ready

WalterMart Arayat aims to be the most Eco-conscious commercial development in the province, operating with a solar-powered system, using solar lighting, and a waste management program that recycles over 80% of operational waste—paving the way for sustainable community mall operations.

More than a mall, WalterMart Arayat is an aspirational community destination—delivering branded value, lifestyle convenience, and warm service while staying true to WalterMart’s core of building WIN-WIN-WIN partnerships among its customers, local communities, and business partners.

WalterMart Arayat  is hosting Grand Opening Sale, featuring Buy 1 Take 1 deals, 50% discount on selected items, and Sulit promos until May 25, 2025 and a Family Fiesta Activity on May 31, 2025.

Have a WalterMart near you? Visit WalterMart Community Malls and enjoy the same one-stop-shop destination in all of its 44 branches!

For more information, visit www.waltermart.com.ph or follow us on our official social media pages: WalterMart Mall.

About WalterMart Community Mall

WalterMart leads a chain of community mall in the Philippines. Deeply rooted with our vision to uplift the lives of the communities we serve, WalterMart provides a happy and safe shopping environment for families to revel in everyday. It now operates 44 branches located in Metro Manila, Cavite, Laguna, Batangas, Rizal, Quezon Province, Bulacan, Bataan, Zambales, Tarlac, Pampanga and Nueva Ecija.

 

This Press Release has also been published on VRITIMES

 

Taxumo and Security Bank Partner to Offer Smarter, Accessible Loans to Filipino Entrepreneurs

  

May 15, 2025 — Manila, Philippines — Taxumo, the Philippines’ leading online tax filing platform, has officially partnered with Security Bank to empower MSMEs, freelancers, and self-employed professionals through accessible business loan offerings tailored to their needs.

This partnership combines Taxumo’s seamless digital platform with Security Bank’s trusted financial expertise, giving business owners direct access to customized loan options—all within a few clicks. Whether you’re expanding your operations, purchasing equipment, or stabilizing cash flow, the loan solutions available through this collaboration are built to help you take your business to the next level.

“We’re thrilled to bring this partnership to life,” said by CEO Ginger Arboleda of Taxumo, “Our mission has always been to simplify compliance and empower entrepreneurs. With Security Bank on board, we’re now adding accessible financial support into that equation—giving our users even more tools to grow confidently.”

Security Bank’s unique loan products include:

- Business Express Loan:  a fast, unsecured option ideal for short-term needs such as equipment purchases, office space expansion, or daily operations.

- Business Mortgage Loan: a secured solution built for long-term growth investments.

- Business Working Capital Loan: a flexible line for everyday business demands.

Taxumo subscribers enjoy exclusive benefits such as preferential interest rates and a simplified application process via the Taxumo Loans Marketplace. From checking eligibility to booking a consultation with Security Bank, the process is designed to be easy, fast, and transparent.

This partnership isn’t just a feature—it’s a value-added service built for your success. We’ve teamed up with Security Bank to bring real solutions to real business challenges.

Take advantage of the streamlined loan application process to grow your business with ease and confidence. With tools you already trust—like Taxumo—getting funding is now more accessible than ever.
To learn more about the Security Bank loan offers available to Taxumo subscribers, follow Taxumo on Facebook, Instagram, and TikTok.

About Taxumo

Taxumo is the pioneering, multi-awarded online tax filing and payment platform in the Philippines—the easiest way for Filipino small business owners, self-employed professionals, and freelancers to prepare, file, and pay their taxes, as well as register their businesses. With Taxumo, all you need to do is put in your income and expenses, and Taxumo does the rest (from computing your tax dues, to filling up BIR tax forms, and paying taxes online).

VRICrew Launches as a Recruitment Platform Centered on Company Culture, Redefining Talent Hiring Experiences

  

Manila, May 23, 2025 — VRICrew officially launches as an innovative recruitment platform that emphasizes company culture and values as the core of the hiring process. Unlike traditional job postings that focus mainly on roles and qualifications, VRICrew allows candidates to truly experience the atmosphere and vibe of a company, making the job search more transparent and meaningful.

By showcasing company values, work environment, and team dynamics, VRICrew helps organizations build a unique narrative to strengthen their employer brand. Candidates can better assess their fit with the company culture, improving long-term retention and satisfaction.

“Company culture is the heart of any successful organization. With VRICrew, we aim to connect talents and companies not only based on skills but also shared values and a comfortable working environment,” said Ferry, Co-Founder of VRICrew.

The platform features interactive elements such as company profile videos, employee stories, and highlights of core values that make each company unique. This approach fosters a more authentic relationship between candidates and employers from the very beginning.

VRICrew is now accessible at https://vricrew.com/ and ready to support companies that want to prioritize culture as a key strength in attracting top talent.

With VRICrew, recruitment is not just about filling positions but building a competitive and solid work community.

About VRIcrew

VRICrew is an innovative recruitment platform that puts company culture and values at the heart of talent discovery. We believe that alignment in values and a comfortable work environment are key to long-term organizational success. Unlike conventional job postings that only showcase job descriptions, VRICrew offers a deeper experience through real stories, company videos, and activities that truly reflect the workplace atmosphere. This allows candidates to get a genuine sense of the company culture before progressing further in the hiring process.

Our mission is to connect talents with companies that not only seek skills but also shared values and a harmonious work environment. We help companies build authentic and compelling employer branding narratives to attract the right candidates and foster strong, engaged communities. Join VRICrew and discover a more human and meaningful way to build your dream team.

This Press Release has also been published on VRITIMES

Bitcoin Price Crosses All-Time High? Check Out the Following Explanation

  

Bitcoin has hit a new all-time high near $111,000 amid bullish technical signals like a golden cross and favorable macro trends. Discover expert insights, price forecasts, and what this rally means for the broader crypto market.

Bitcoin’s price resurgence continues and finally hit new ATH with the price hovering around $111,000 as of May 22 after crossing “golden cross” formation at $106.889.

Check out the explanation of the latest BTC prices in this article until the end.

Golden Crosses and Their Track Record

Bitcoin has previously responded positively to golden cross formations. According to analyst Benjamin Cowen, past occurrences led to 45%-60% price increases. For example:

1. In October 2023, BTC surged 45% following a golden cross, buoyed by optimism surrounding spot Bitcoin ETFs.

2. In September 2021, a similar crossover preceded a 50% rally.

3. Following the 2024 U.S. presidential election, with Donald Trump re-elected, BTC posted a 60%+ gain, attributed in part to expected policy shifts.

However, it’s important to note that golden crosses are not infallible. In February 2020, just before the COVID-19 pandemic struck global markets, a golden cross was followed by a 62% crash—highlighting the need to consider broader economic indicators.

Current Technical Setup: Bullish but Cautious

As of mid-May 2025, Bitcoin’s 50-day SMA is trending upward and approaching a cross above the 200-day SMA. While the setup leans bullish, analysts are warning of a possible short-term correction before a full-fledged breakout.

Bitcoin’s Relative Strength Index (RSI) recently crossed above the overbought threshold of 70, often a precursor to pullbacks.

BTC could retest support levels around $115,400 to $120,000 before resuming its upward trend.

A bearish divergence between rising prices and falling RSI supports the case for a temporary dip.

Still, macro conditions appear favorable. Factors such as an expanding M2 money supply, easing U.S.-China trade tensions, and improved investor sentiment provide strong tailwinds.

Macro Tailwinds Support Bitcoin’s Ascent

Recent developments have added fuel to Bitcoin’s rally:

1. President Trump has rolled back tariff threats, easing global trade tensions.

2. Traditional equity markets, like the S&P 500 and Nasdaq, have reacted positively, with BTC following suit as a risk-on asset.

3. Crypto liquidations have surged, with $233 million wiped out in the past 24 hours, over half from short positions—indicating growing upward pressure.

Other cryptocurrencies are also riding the wave. Over the past month:

1. Ethereum (ETH) has climbed 58%,

2. Dogecoin (DOGE) is up 45%, and

3. Solana (SOL) has risen nearly 23%.

No Signs of a “Double Top” Reversal

Despite Bitcoin’s price hovering near its all-time high, concerns about a potential double top—a bearish reversal pattern—are being dismissed by some analysts.

Private wealth firm Swissblock Technologies notes that Bitcoin’s Fundamental Index (BFI) remains solidly neutral, showing no signs of weakening. Their on-chain analysis suggests BTC’s bullish structure is intact, with no bearish divergence to validate a major reversal.

Market Consolidation: A Healthy Pause

Bitcoin briefly dipped to $109,000 during the recent U.S. trading session but rebounded above $111,900, marking a modest daily decline amid broader profit-taking.

Market analyst Ruslan Lienkha of YouHodler describes this as a normal pullback within a medium-term uptrend, noting that anything below a 5% price fluctuation is often just “market noise.”

Kirill Kretov of CoinPanel adds that thin liquidity can exacerbate small sell-offs, making corrections appear more dramatic than they are.

Institutional Confidence Remains Strong

Analysts at K33 Research highlight that BTC recently exited a long stretch of below-neutral funding rates, suggesting a lack of speculative excess that often precedes market tops.

Meanwhile, Steno Research points to a stealth expansion of Western private credit as the true driver of the current crypto rally, not Chinese liquidity injections as previously thought. This quiet stimulus could continue supporting crypto prices through June and early July, though analysts warn that conditions may tighten again in late summer.

Forecast: New Highs Within Reach

According to network economist Timothy Peterson, historical data shows that when Bitcoin trades within 10% of its all-time high, it sets a new one 98% of the time within 50 days.

Based on this, Peterson expects BTC to hit at least $115,000 by late June, with some models projecting $125,000 or even $150,000 by the end of the summer.

Conclusion

With strong technical signals, robust macroeconomic tailwinds, and increasing institutional conviction, Bitcoin is well-positioned for a potential breakout to new all-time highs. While short-term volatility and corrections are likely, the broader outlook remains optimistic.

As Bitcoin nears the confirmation of its golden cross and inches closer to price discovery mode, traders and investors should remain attentive—but not overly reactive—to market noise, and instead focus on the evolving macro-technical landscape guiding this historic rally.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This Press Release has also been published on VRITIMES

Get Your Head in the Game at the Sports & Fitness Expo

The first-ever Sports and Fitness Expo (SFE) in the Philippines will take place from 28-31 May 2025 at the Rizal Memorial Sports Complex, showcasing exhibitors from sports, health, and wellness industries. The event will also feature the International Sports Facilities Management Conference and Trade Show, covering topics like facility management, operations, and development, in partnership with the Philippine Sports Commission.

All eyes are on the first-ever Sports and Fitness Expo (SFE) in the Philippines, set to launch on 28-31 May 2025 at the Rizal Memorial Sports Complex, Malate, Manila.

Promising a lineup of exhibitors from across the sports, health, and wellness industries, SFE aims to be the premier sports and health business trade event in the country.

At its core, the event aims to put the spotlight on the growing sports and fitness movement in the Philippines. This is backed by a recent shift towards adopting a healthy and active lifestyle in the country.

As part of the expo, it will host the International Sports Facilities Management Conference and Trade Show in partnership with the Philippine Sports Commission.

Exploring topics from sport facility management, operations, and development, among others, it's a must-see for any manager, director, coach, athlete, and sports enthusiast.

Mark your calendars and gear up to be a game-changer at the first-ever Sports and Fitness Expo!

About 833 Consultancy and Marketing Co.

Established in 2020, 833 Marketing is the proud organizer of the Philippine Commercial Vehicle Show and the Sports & Fitness Expo.

At its core, the company is dedicated to pushing industries forward through its premier trade shows and events. Each event is tailored to be a dynamic platform for our clients' needs.

We empower them to thrive by acting as a bridge for strategic partnerships and business opportunities, while also fostering discussions that could shape the future of their industry.

Work with us to experience firsthand how we seamlessly integrate our marketing expertise to deliver exceptional results!

This press release has also been published on VRITIMES 

VRITIMES Launches vnbreaking.vn, a Dedicated Media Platform to Serve Vietnam’s News Ecosystem

  

VRITIMES, a leading media technology startup specializing in innovative press release distribution and media analytics, proudly announces the launch of vnbreaking.vn, a new digital news platform tailored specifically for the Vietnamese market. This strategic initiative aims to enhance the accessibility and flow of news within Vietnam by providing timely, relevant, and verified content directly to Vietnamese audiences (May 15, 2025).

As part of VRITIMES’ ongoing commitment to democratizing media access and empowering local journalism, vnbreaking.vn is designed to serve as both a media platform and a press release distribution hub focused on Vietnam. The platform enables Vietnamese businesses, organizations, and newsmakers to efficiently publish and disseminate their stories, announcements, and press releases to a broad network of media partners and consumers.

“Vietnam’s dynamic economic growth and digital transformation call for a dedicated news infrastructure that connects local stakeholders with the wider media ecosystem,” said Ferry, CEO of VRITIMES. “vnbreaking.vn embodies our vision to make news distribution seamless, affordable, and impactful in emerging markets like Vietnam.”

Key features of vnbreaking.vn include:

Localized content with a strong focus on Vietnamese business, technology, culture, and social developments.

Integrated press release creation and distribution tools to streamline communication for organizations of all sizes.

Real-time analytics and reporting that help users track media reach and engagement efficiently.

Partnership network with top Vietnamese media outlets to amplify news visibility.

By leveraging VRITIMES’ proprietary technology platform, vnbreaking.vn addresses the critical need for trustworthy, accessible, and well-curated news sources tailored to Vietnam’s fast-growing information landscape.

With the launch of vnbreaking.vn, VRITIMES reinforces its commitment to fostering a more valuable flow of information in Southeast Asia, supporting the development of local media ecosystems, and empowering businesses and communities through effective storytelling.

For more information about vnbreaking.vn and VRITIMES’ services, please visit: https://vnbreaking.vn | https://www.vritimes.com

About VRITIMES Inc.

VRITIMES is a technology-driven platform that simplifies press release distribution, helping businesses and organizations maximize their reach and impact. Through its intuitive system, users can create, distribute, and analyze press releases with ease.

This Press Release has also been published on VRITIMES