According to Coins.ph, Bitcoin has reached a new all-time high, currently trading at $108,923. This milestone is expected to drive increased trading volume and heightened volatility, as traders react to fresh price discovery above previous resistance levels. The surge also signals strong bullish momentum, with potential for further upside if buying pressure continues. Market participants should closely monitor order book depth and liquidation data for clues on short-term price movement. This record high may also boost sentiment across the broader crypto market, providing tailwinds for altcoins and related assets (source: Coins.ph Twitter, May 21, 2025).

According to KookCapitalLLC, Bitcoin has achieved its highest weekly close ever as of May 11, 2025 (source: Twitter). This historic milestone signals strong ongoing bullish sentiment, with increased spot buying volume noted across major exchanges. Technical analysts highlight that breaching the previous weekly closing high could trigger further upside momentum, potentially attracting more institutional flows and increasing volatility. Traders are closely monitoring resistance levels near all-time highs and watching for potential breakouts, which could impact the broader cryptocurrency market and drive renewed interest in altcoins (source: Coinbase, Glassnode).