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Olevia

@olevia

Bitcoin reached a weekly high of $106,500 on May 18, 2025, driven by $356 million in BlackRock ETF inflows. Analysts predict a 2025 range of $80,440-$151,200, with a stretched target of $185,000, fueled by institutional adoption and Trump’s pro-crypto policies. The RSI at 67.15 indicates bullish momentum without overbuying. However, U.S. trade tariffs introduced in Q1 2025 caused volatility, with a low of $74,000 in April. Bitcoin’s dominance over altcoins suggests capital rotation, potentially boosting prices further. Critics warn of a possible correction to $78,000 if macroeconomic conditions tighten. The market cap stands at $1.78 trillion, reflecting robust investor confidence
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