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#BTC Hits $110,000#
🚀 A Turning Point in the New Era of Digital Gold
Bitcoin not only broke a price record by surpassing $110,000 on May 21, 2025, but also redefined the balance of power in the financial system.
This rise is not just part of a bull run but a reflection of a paradigm shift.
📊 On-Chain ( What Do On-Chain ) Data Say?
• Wallet Activity: The number of wallets with over 0.1 BTC has increased by 14% in the last three months, indicating that small investors are strongly entering the market.
• Number of HODLers: BTC supply that has not moved for 6 months or longer has reached 70% of the total supply.
This contributes to stabilizing the price by reducing speculative sales.
• Hash Rate: The processing power of the Bitcoin network has reached an all-time high of 580 EH/s. This is a sign of network security and miner confidence.
🧠 The Impact of Macroeconomic Dynamics and Regulations
The "net" stance of financial regulators based in the US and Asia has provided the long-awaited confidence in the market. In particular:
• FED's Digital Dollar Step Back: With the statements of the Fed Chairman, the opening up to private cryptos strengthened the view of BTC as a "decentralized reserve."
• Trump's Election Move: Donald Trump created a new wave by proposing to hold Bitcoin as a strategic reserve asset as part of his election promise.
Following this statement, institutional demand for Bitcoin increased by 19%.
🏦 A Giant Rising on the Shoulders of Corporate Investments
• Giants like BlackRock and Fidelity have made a total new capital inflow of 12 billion dollars through spot ETFs.
• Tesla announced that it has made additional BTC purchases in addition to its balance sheet. This move is seen as a sign that "Institutional FOMO" has reached its peak.
🎯 Technical Analysis Perspective: What's Next?
• Main Support: 102,500 USD – Last bull support point
• Main Resistance: 118,000 USD – Significant selling is expected at the Fib 2.618 level
• Rally Extension Target: 132,000 USD – The potential target of the move out of the macro channel.
The RSI index is still not in the overbought zone (%67), which indicates that the upward movement may continue.
🌍 Bitcoin 110,000 Dollars: Not Just a Price, but a Manifesto
Bitcoin is no longer just an investment vehicle, it is the currency of the digital age, a symbol of decentralization, and the voice of global financial freedom. $110,000 isn't just a number; it's a symbol of the power of a technology that goes beyond the confines of Wall Street.
In this journey, there are no longer just traders, but also visionaries, engineers, economists, and individuals.
And this time, history is not just being written, it is being engraved onto the blockchain.