According to Tetranode (@Tetranode), the recent endorsement of Bitcoin by the US government marks a significant shift for the cryptocurrency sector, with traders closely watching for the potential of reaching another all-time high (ATH) (source: Twitter, May 28, 2025). This official support could increase institutional adoption and mainstream acceptance, potentially driving stronger inflows into BTC and related crypto assets. Market participants are advised to monitor regulatory developments and spot ETF flows for actionable trading signals as US policy changes historically correlate with increased price volatility and upward momentum in crypto markets (source: Twitter, May 28, 2025).

According to Trader Tardigrade (@TATrader_Alan), Bitcoin is projected to reach $117,000, indicating a strong bullish momentum for BTC. This analysis, shared on Twitter on May 10, 2025, highlights significant trading interest and increased long-term accumulation patterns in the Bitcoin market (source: @TATrader_Alan). The potential rally is driven by renewed institutional inflows and recent spot ETF approvals, which have historically contributed to upward price movements for Bitcoin. Traders are closely monitoring resistance and breakout levels, with this $117,000 price target serving as a key reference for both short-term and swing trading strategies (source: @TATrader_Alan).