Bitcoin's price has risen by 14% since May 5, reaching $108,000 for the first time since January. Market analysts are increasingly speculating on future targets of $140,000 to $200,000 for 2025. On May 21, Bitcoin traded at $107,000, supported by a broader cryptocurrency market capitalization exceeding $3.36 trillion. Analysts express optimism for an imminent breakout above its all-time high of $109,000, with potential targets at $115,000 or beyond. This bullish sentiment is fueled by anticipation of sustained buying pressure, with large investors seemingly driving price movements. Notably, the rounded bottom chart pattern indicates further price appreciation, with technical targets suggesting a rise to around $140,956. The relative strength index (RSI) is at 69, indicating room for additional gains. Key metrics hint at possible new all-time highs being achieved soon, with Bitcoin accumulation among individual holders supporting this bullish trend. However, it is crucial to perform personal research before making investment decisions, as all trading ventures involve risks.

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