Bitcoin (BTC) marks a new historic maximum this afternoon, May 22, 2025. At this point in terms of language, digital currency It is quoted as just close to $112,000 below the record.
The following graph provided by TrainingView shows how BTC has been working since January 1st of this year.
And what will continue with the price of BTC? As cryptootics reported yesterday, professional trader and market analyst Willie Wu thinks about it Bitcoin moves rapidly towards an area close to $118,000.
Furthermore, Woo confirms that by his standards, “the strength of the digital asset market remains strong.” The big institutional purchase of Bitcoin is creating a large supply pressure. «I have never seen the flow of fluidity to BTC. The analyst said:
Wu isn’t the only one who’s optimistic. Iván Paz Chain, trading director for various comments, said in a report sent to Cryptootics that “this move (Bitcoin) will not only break important resistance, but will stimulate a set of dynamics that could continue to raise the price of the rise.”
Based on different tools to liquidation heatmap, the PAZ chain detects it «Currently there is a significant concentration of fluidity related to short positions (Shorts) Located between 113,000 USD and 118,000 USD. And what does this mean? The specialist explains, “These areas act as price magnets because they represent a level where many orders are modestly placed to liquidate.”
The following image shows them accurately Areas where Bitcoin is highly likely to go:
Details of the PAZ chain «As prices approach at these levels, similar operators for short begin to be forced to close their positions, creating forced purchases (Short aperture)Further feeding bullish impulses ».
«The liquidity pool identified in the liquidation map not only shows areas of institutional interest, but also represents the purpose of the natural movement of the strong market. In other words, prices find technical and action reasons that continue to move forward towards these areas. In fact, we have already begun to see how BTC prices will permeate and consume some of this liquidity, increasing the chances of reaching the USD 118,000 in the coming days».
Director of Iván Peace Chain, Trading Different.
Another factor analysts consider to be key is USDT Market Cap,main stablecoin, it It exceeds $150 million.
“This is a great indicator of the entire cryptocurrency ecosystem as it reflects the amounts within the market,” the Paz chain added, “If this value drops, the money will be withdrawn and the USDT will become Fiat Money.
As you can see, there are several reasons why you think Bitcoin still has the fuel to continue to grow. A number of factors combine to create such a scenario. Macroeconomic, regulatory issues, and BTC’s own natural cycle have broken price records by promoting digital currencies. And unless the “Black Swan” events are completely unexpected, Over the next few days, Bitcoin can continue to mark new historic maximums.