Bitcoin price surpasses $108,000, short-term target towards "explosive peak" of $128,000
Bitcoin price surpassed $108,000 on May 21, 2025, reaching a four-month high and approaching an all-time high. Analysts and traders generally believe that despite support near $90,000, the likelihood of a pullback is decreasing. In the short term, Bitcoin's upside targets include a potential "explosive peak" price of $128,000. Technical indicators show that multiple moving averages and prices in early 2025 form strong support levels, and further pullbacks are seen as opportunities rather than risks. Some traders predict Bitcoin will continue to rise, with price targets ranging from $116,000 to $200,000. This article emphasizes investment risks and readers are advised to conduct their own research.