Bitcoin rose to 104,873 dollars during the trading at the weekend, which is fueled by renewable institutional interests and positive -macroeconomic developments. The leading cryptocurrency has gained 12 % this week, as merchants converted to converted monetary policy and cabinet strategies for companies.
Bitcoin price is accelerated
the Resistance level 105,000 dollars The main psychological barrier is still, as BTC is briefly touched 104,873 dollars on May 10 before settling at $ 103451. This is the highest price for Bitcoin since March 2025, when it peaked at 107,200 dollars.
The main technical levels to watch:
- Immediate support: $ 100,000 (psychological level)
- Main Resistance: 105,000 dollars (2025 high)
- Expected goal: $ 110,000 (Fibonacci Extension)
Solverry IG analysts keep 105,000 dollars the purpose of the price For the month of May, quoting increased derivative activity and instant market accumulation patterns. Their expectations on April 28 seem to be increasingly reasonable as BTC tests its highest levels for two months.
Michael Sailor’s bet was 21 billion dollars
The strategy of the mother company that was renamed from Microstrategy continues to accumulate an aggressive BTC, declaring plans to raise $ 21 billion by offering stocks in the market. This step follows the Q1 2025 accounting, which has recognized $ 12.7 billion of unrealized Bitcoin gains.
The total bitcoin’s bitcoin now 553,000 BTC holds about $ 57.3 billion at current prices. CEO Michael Coindsk told Bitcoin that Bitcoin is “the assets of the Treasury in the end” during the currency courses.
The strategy of the company’s Ministry of Treasury inspired more than 70 public companies to allocate parts of its public budgets to Bitcoin. The last SEC files show 23 new positions for Bitcoin, which exceeds $ 100 million in the first quarter of 2025.
ETF flow of institutional adoption signal
Bitcoin Investment products recorded $ 1.04 billion in net flows last week, as the investment funds circulated in the United States got 78 % of the total size. This increase comes despite the SEC delays on Altcoin ETF applications, which enhances the organizational feature of Bitcoin.
| finance | Weekly flows |
|---|---|
| Blackrock Ibit | 427 million dollars |
| Sincerity fbtc | 298 million dollars |
| ARK 21Shares Arkb | 153 million dollars |
SUI ETF’s last deposit for 21shares suggests that exporters remain confident in demand for encryption products. As noted in End weekend analysis at CoindskETF flows now are 22 % of the daily trading volume in Bitcoin.
Remember to follow the profitable market movements with Pay the currency Mobile application.
Market effect: The Bitcoin Assembly reflects the increasing institutional confidence amid the expansion of cash liquidity. With the M2 money supply growth accelerating to 5.8 % of the locker and cabinet bonds companies to solid assets, analysts expect that the continuous demand BTC will pay $ 150,000 by Q4 2025. However, merchants are still cautious against achieving possible profits near the highlands at all.
