World Crypto Global
- Written by: Vaigha Varghese
- Thu, 22 May 2025
- Estonia
After reaching the $109,700 level on May 21st, which was followed by a swift correction, Bitcoin (BTC) created history on May 22nd, pushing to a new all-time high at $111,861. With the leading cryptocurrency displaying strong upward potential as its price explores uncharted territory, a buying frenzy saw the crypto market grow by 4.03% on […]
Bitcoin Price Prediction Indicates Rally to $150K After Hitting New ATH
After reaching the $109,700 level on May 21st, which was followed by a swift correction, Bitcoin (BTC) created history on May 22nd, pushing to a new all-time high at $111,861.
With the leading cryptocurrency displaying strong upward potential as its price explores uncharted territory, a buying frenzy saw the crypto market grow by 4.03% on the same day.
Investors are now wondering how high BTC can go before it starts consolidating again, while the new Bitcoin meme coin BTC Bull Token (BTCBULL) is also benefiting from the market rally. The project will release Bitcoin airdrops when BTC hits $150,000 and has raised over $6 million through its ongoing presale.
Several Factors Helped BTC Surge to a New ATH on Bitcoin Pizza Day
May 22nd is recognized as Bitcoin Pizza Day, marking the purchase of two large pizzas using Bitcoin by programmer Laszlo Hanyecz on May 22nd, 2010, worth approximately $41. To pay for the pizzas, the programmer sent 10,000 BTC to a crypto forum member, worth more than $1.1 billion on the same day, 15 years later.
While Bitcoins surge to its current price over the years wasnt straightforward, as it had its ups and downs, the current market sentiment is extremely bullish as a result of several factors. Contributing factors include easing macroeconomic tensions, thanks to the US-China tariff war truce, and increasing institutional adoption that stems from improving regulatory clarity.
A clear indicator of increasing investor interest is the activity the BlackRock iShares Bitcoin Trust (IBIT) has seen just over the past month, attracting over $6.5 billion worth of inflows.
The aggressive institutional accumulation of BTC helped IBIT break into the top five ETFs by year-to-date inflows, and if buying pressure persists, it could reach the second spot by early July.
Among institutional investors, Strategy shows no signs of taking a break from its BTC accumulation pattern, as the company now holds 576,230 BTC. Its executive chairman, Michael Saylor, appears bullish on the token as he expects Bitcoin to surge to new highs.
Whales seem to agree, as Lookonchain reported that one whale held 22,223 BTC before it pushed past $111,000 after adding 6,111 BTC to their portfolio over the week. Despite the explosive performance of BTC, the whale is still holding their share, underscoring their trust in BTCs potential to grow further.
Additionally, the Lookonchain team highlighted that Tether minted 2 billion USDT, flagging it as a bullish factor right before BTC exploded on May 21st.
As Bitcoin enters price discovery mode, technical analyst Henry expects it to maintain its momentum and reach $150,000 this summer.
Although the analyst expects pullbacks along the way, especially around the $130,000 level, he is confident that strong upward movement will follow after each retest, advising his followers to accumulate BTC at its current price and after each healthy correction.
BTC Bull Token Appears Ready for an Explosive Debut as Presale Exceeds $6 Million
With Bitcoin eyeing $150,000, BTC Bull Tokens presale stands out for offering rewards tied to Bitcoins price.
The project will release Bitcoin airdrops to holders when BTC hits $150,000 for the first time, with another airdrop set for $200,000. When Bitcoin reaches $250,000, a BTCBULL airdrop will also be released to holders.
As well as the airdrops, BTCBULL token burns will occur when Bitcoin hits $125,000, $175,000, and $225,000, creating scarcity and potentially boosting the tokens price.
As BTCBULLs unique ties to Bitcoin make it an asset thats designed to be held, meme coin expert Austin Hilton advises his audience to enter the presale while the per-token price is low.
The presale has now raised over $6 million, indicating huge investor interest as the Bitcoin price continues to soar.
BTCBULLs current per-token price of $0.002525 represents an excellent entry for those looking to maximize their investment, as it will only increase during the presale.
