📈 Bitcoin Surges To New Highs!

The crypto bull market is heating up and Bitcoin is leading the charge!

May 22, 2025

Hey Thinkers 💡

Over the past 24 hours, Bitcoin has broken through to new all-time highs, surging past $109,000 and crossing $111,000. With this historic move, BTC has officially surpassed Amazon to become the 5th largest asset in the world by market capitalization.

If you’ve been following this newsletter, this move shouldn’t come as a surprise. We’ve been tracking the exact macro and technical signals that pointed to this breakout:

🔥 The Bullish Factors Playing Out

✅ Bitcoin Reclaims the 200-Day Moving Average
On the daily chart, BTC is firmly above the 200 MA—a key indicator confirming the continuation of the bull market. As I always say, “Nothing good happens below the 200 MA.” While the RSI is nearing overbought levels, suggesting a short-term pullback may come, the larger trend remains intact.

✅ Weekly MACD Turns Green, RSI Breaks Out
The weekly chart confirms the bulls are back in control. The MACD has flipped green and RSI has broken out, which historically has led to major upward momentum.

🌍 Macro Tailwinds Driving the Rally

📈 Bitcoin Mirrors Global M2 Liquidity Expansion
BTC continues to track global liquidity (M2) almost perfectly. If this trend continues, we could see Bitcoin targeting $150,000 in the coming months. Stocks are now also catching up to this liquidity expansion, reinforcing that risk assets are in favor.

💵 DXY Weakness = Risk Asset Strength
The U.S. Dollar Index (DXY) is showing major weakness—a historically bullish sign for crypto and other risk assets.

🐋 Whale Accumulation On the Rise
Wallets holding 10 or more BTC are steadily increasing, suggesting that experienced investors are positioning for higher prices ahead.

🔢 Bitcoin & Tether Dominance Tells the Story

🟠 Bitcoin Dominance Climbing Again
BTC dominance is rebounding after a steep decline, signaling that Bitcoin is absorbing the majority of inflowing liquidity.

💧 USDT Dominance Breaking Down
Tether’s market dominance is breaking down, which historically precedes crypto rallies. As stablecoin dominance falls, it’s a clear sign that capital is flowing back into the market. With more room to fall, this rally still has legs.

🎯 What’s Next?

Target: $116,000–$120,000
All signs point to Bitcoin testing the $116K–$120K range next. But with RSI approaching overbought territory, a short-term correction or consolidation wouldn’t be unexpected.

Altcoin Rotation Incoming?
Once BTC reaches a local peak, expect liquidity to rotate into altcoins. That’s when we may see explosive moves across the broader crypto market.

Local Top or Final Top?
Here’s the big question: Is this the blow-off top, or just another milestone on the path to one later this year?
Elliott Wave analysis suggests we may be looking at a local top, with a potential final surge coming in Q4 2025. Time will tell—but either way, it's a good time to stay sharp and make sure you have a profit taking plan.

Watch my latest interview with Brian from Santiment. He breaks down the important signals and metrics for Bitcoin, XRP, Ethereum, & Solana.

___________________________________________

💥Thank You to my show Sponsors

Uphold is one of the best crypto exchanges out there and I have been using them since 2018!

Propy (PRO) is a blockchain-based real estate marketplace and decentralized title registry that leverages smart contracts to facilitate property transactions globally. It simplifies and automates real estate transactions, making them faster, more secure, and more transparent.

Trezor produces quality crypto hardware wallets that make it easy for you to safely store your assets. It pioneered the development of self-custody for crypto assets, empowering individuals with an open-source device that enables secure and independent storage of cryptocurrencies.

VeChain is a leading enterprise-grade L1 public blockchain, spearheading a digital revolution from a sustainable, highly scalable smart contract platform.