Bitcoin eyes rally beyond $150k as golden cross forms

Bitcoin is about to confirm a powerful golden intersection that could be the scene for a breakout rally in the direction of the $ 150,000.

Bitcoin (BTC) rose from Bitcoin (BTC) on Thursday 22 May to a new all -time $ 111,544 and broke past his previous record of $ 109,400 from exactly the day before. This new high is a jump of 48% compared to the low point of 7 April of just under $ 75,000, making it the second all time for BTC in 2025.

In addition to the price stick, the market capitalization of Bitcoin $ 2.2 trillion, while the realized cap also reached a new peak reached $ 915 billion, with which it was emphasized how much value flows into the network.

The rally has driven a sharp increase in commercial activity. Coingecko data shows a volume of 24 hours rose to $ 73.7 billion, compared to $ 50 billion on Wednesday and $ 40 billion on Tuesday.

That is a noticeable leap, especially in view of the fact that the daily volume had fallen less than $ 30 million earlier this month, the lowest since February.

BTC’s Futures Open Resting also achieved a new record of $ 81.35 billion, greatly higher than the level of $ 46 billion that was seen at the beginning of March. This signals the growing trust of institutional and leverage workers.

Earlier this year, BTC was confronted with strong headwind when it fell more than 30% compared to the high January of $ 109,588, under $ 75,000 at the beginning of April.

That correction came shortly after President Trump hinted at new rates for large US trading partners. But the feeling improved mid -April, especially after the US had reached new trade agreements with different countries.

Another important factor that stimulates the increase is the continuing demand from the American location Bitcoin ETFs, who have seen more than $ 7.4 billion in net entry for the past five weeks, including $ 609 million on Thursday.

This is supported by the growing role of Bitcoin as a Treasury activum, so that a wave of public companies load the flagship crypto on their balance. For example, strategy has continued its aggressive accumulation and now has more than 2.7% of all Bitcoin in circulation.

BTC Technicals Flash Bullish Patterns

On the 1-day BTC/USDT graphic, Bitcoin turned the 21-day EMA after weeks of action as a resistance. What is even more important is that the 50-day SMA (blue) has been crossed just above 200-day SMA (green) and forms the strongly viewed Golden Cross pattern. Historically, BTC came more than 37% in just 3 months after a similar pattern in October 2024.

On the weekly graph, BTC also broken from a bull flag pattern, a classic bullish continuation of the set -up in which the price consolidates down after a strong upward movement.

The measured purpose of these breakout points to $ 150,000, matching projections based on the flagpole height added to the Breakout zone. If the Golden Cross takes place completely, the next realistic stop can be around $ 153,600.

Lace -up trader Peter Brandt recognized the new highlights of BTC, but reminded followers that achieving all time is exactly what bull markets do. In an earlier May 1 x afterHe predicted that Bitcoin could reach the Bullmarkt cycle top in the level of $ 125k to $ 150k by August-SP 2025, although he then warned of a possible correction of 50%.

In the meantime, analyst Gert van Lagen is a lot of bullisher, prediction BTC can reach $ 300k to $ 320k at the end of the bull cycle. He based his prospects on an outbreak of a 4-year megaphone pattern, with growing price fluctuations and often precedes sharp movements.

Short -term risks still in the game

Despite the overwhelming Bullish Momentum, a recliningback cannot be excluded in the short term. BTCs RSI and Stochastic Oscillator have both entered into territory, indicating that the rally can be offered for a break or short -term consolidation.

If that happens, Bitcoin could briefly fall in the direction of his support zone near $ 93,500, which supports a row with its simple advancing average.

So, although a run to $ 150k seems more and more likely, it cannot happen in a straight line. A short -term correction can offer a healthier arrangement for long -term profit.