Bitcoin Price Prediction: New ATH Confirmed — Here’s Where BTC Could Be Headed Next

Bitcoin (BTC) has hit a new all time high of $111,087, up 3% in a day and finally breaking above the long held resistance zone of $108,000. The daily close above the highs is a big deal for the crypto markets. BTC is now in a rising channel since April, with higher highs and higher lows. Technically the breakout is strong. MACD has just given a bullish crossover and the 50 day EMA ($96,956) is rising, the long term trend is strong. Bitcoin Price Chart – Source: Tradingview If BTC holds above $113,369, we may see the next resistance levels at $117,141 and $120,913. But price is at the top of the channel so a pullback to $108,000 could be a healthy reset and a second chance long. Regulation Boosts Investor Confidence Beyond the charts, Bitcoin’s breakout is being driven by big regulatory tailwinds. In Texas, the state lawmakers approved Senate Bill 21 , allowing the state to create a Bitcoin reserve. Once signed into law, Texas will be the second US state after New Hampshire to hold crypto on its balance sheet, a big step in legitimizing Bitcoin as a treasury asset. JUST IN: The Texas House has officially passed the Strategic Bitcoin Reserve Bill (SB21). Using rainy day funds, Texas could purchase 217,654 BTC assuming a BTC price of $109,219. BULLISH! pic.twitter.com/04WBx4gr8d — Satoshi Club (@esatoshiclub) May 21, 2025 Hong Kong also passed landmark legislation to regulate fiat-referenced stablecoins (FRS), including licensing, AML compliance and reserve management. This tighter framework will attract institutional capital and solidify Bitcoin as a regulated and strategic hedge in global finance. These policy changes reduce uncertainty and mean crypto is becoming part of the mainstream financial infrastructure – key for long term adoption and capital inflow. Macro Tailwinds Fuel Bullish Outlook for Bitcoin Bitcoin’s rally comes as traditional markets are getting nervous. A disappointing US Treasury auction pushed 20 year bond yields above 5.1%, 10 year and 30 year yields are also spiking. This bond market chaos is driving investors to Bitcoin as a macro hedge. Geopolitical tensions – tariffs and currency concerns – are also eroding faith in fiat systems. $110K BITCOIN HAS ENTERED THE CHAT Bitcoin just cracked six figures guess it finally remembered the password. Somewhere, someone’s still crying about selling at $69K… pour one out! So what’s the play? Buy high, sell higher? Or just “working” with one eye on the… pic.twitter.com/gTB2letICM — Bitget Philippines (@BitgetPH) May 22, 2025 According to Caroline Bowler of BTC Markets, institutional investors are “reallocating to digital assets”, a trend that is being seen with over $27 billion in BTC inflows since early May.1.1 billion long and leveraged, one trader is all in. ETF flows and whales are buying, $160,000 is no longer a moonshot. BTC Bull Token Nears $7.14M Cap as 71% Staking Yield Fuels FOMO As Bitcoin hovers near $111K, attention is rapidly turning to high-upside altcoins — and BTC Bull Token ($BTCBULL) is stealing the spotlight. With $6.17 million raised out of its $7.14 million cap, momentum is accelerating as the next presale price jump closes in fast. What sets BTCBULL apart is its unique rewards model — token holders receive Bitcoin airdrops directly tied to BTC’s price rallies. The higher Bitcoin climbs, the more BTC gets distributed — with presale buyers receiving priority rewards over post-launch DEX investors. Key Stats: USDT Raised: $6,172,195.39 / $7,136,435 Token Price: $0.002525 Staking Pool: 1.47B BTCBULL Yield: ~71% APY Built-in scarcity adds even more firepower: every time Bitcoin rises by $50K, BTC Bull triggers a token burn, reducing supply and increasing upside potential for long-term holders. Meanwhile, staking is turning heads. BTCBULL offers a whopping ~71% APY on its Ethereum-based staking pool (currently holding 1.47B BTCBULL), with no lockups or withdrawal fees. That means passive yield — with full liquidity. The post Bitcoin Price Prediction: New ATH Confirmed — Here’s Where BTC Could Be Headed Next appeared first on Cryptonews .

Source: cryptonews