Bitcoin ($BTC) has officially surged past $115,000, reclaiming a critical psychological and technical level as bullish momentum in the crypto market intensifies. This marks a major milestone in the ongoing rally fueled by institutional demand, favorable U.S. policy signals, and marketwide optimism.
What’s Driving the Rally?
🔹 Post-Election Crypto Sentiment
President-elect Donald Trump’s pro-crypto stance and recent remarks from top U.S. officials — including Treasury Secretary Bessent calling it the “Golden Age of Crypto” — have supercharged investor confidence.
🔹 Institutional Buying Frenzy
Investment giants like BlackRock, Fidelity, and VanEck are funneling capital into spot Bitcoin ETFs, with daily inflows topping billions.
VanEck recently set a $180K BTC target by 2025, citing “no technical resistance” ahead.
🔹 Retail FOMO Returns
Google Trends data shows a massive spike in “buy Bitcoin” searches, while apps like Coinbase and Binance are back atop app store charts.
Recent Highlights:
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Bitcoin All-Time High (ATH): $115,900 (and climbing)
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24h Change: +9.2%
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Market Cap: Over $2.25 Trillion, solidifying Bitcoin’s dominance
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Liquidations: Over $805M wiped out in the past 24h, primarily from short sellers
Analyst Insight
“Bitcoin has now entered price discovery mode again. With strong ETF demand, pro-crypto policy talk, and no immediate resistance, $120K is the next key target,” — Rahim Sarker, Senior Analyst at CentBit.Online.
What’s Next?
If momentum holds, $125K could be within reach in the coming weeks — especially as the Federal Reserve signals potential rate cuts and altcoin season looms.
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CentBit.Online – Crypto & Blockchain Expert, Bangladesh
