Bitcoin just hit a fresh all-time high above $109,000 in May 2025. The rally is showing strong momentum. But how long can this run last? And what’s the next big target?
Institutions are still buying. Bitcoin ETFs keep seeing solid inflows. MetaPlanet has already snapped up over 7,000 BTC this year and aims for 10,000 by year-end following Strategy's BTC Strategy. Bitcoin’s market cap crossed $2.16 trillion, overtaking Amazon as the 5th largest global asset.
Does this growing demand mean the BTC rally can keep pace?
The Technical Edge
On the weekly chart, the +DI line just crossed above the ADX line. This signals strong directional momentum.
History matters here:
October 2020: This signal fired near $11,000. Bitcoin then surged to $68,000.
January 2023: Same pattern at about $17,000. The price hit $74,000 and kept climbing.
May 2025: It just happened again.
Is this the green light for Bitcoin’s next big move? Could $150,000 be the next stop? Or it could even reach $1M as per Kiyosaki's latest BTC price prediction.
What to Watch
Support is firming near $100,000.
Resistance looms at $150,000.
Will volume confirm the breakout? Or will we see some hesitation?
Final Thoughts
With strong fundamentals and this key technical signal, Bitcoin looks set to keep climbing. But will history repeat itself? Is $150,000 just around the corner — or is caution warranted?
