As of May 21, 2025, Bitcoin has shattered its previous all-time high, reaching approximately $109,800 before settling around $109,400. This surge follows a significant rebound from April's low of about $75,000, marking a 47% increase in just over a month .

Several factors seem to be fueling this rally:

    Institutional Inflows: Spot Bitcoin ETFs have seen substantial net inflows, indicating renewed institutional interest .
   

    Political Developments: The U.S. Senate's advancement of a bill to establish a regulatory framework for stablecoins has been viewed as a significant endorsement of the cryptocurrency industry .
   

    Strategic Bitcoin Reserve: President Trump's executive order in March 2025 established a Strategic Bitcoin Reserve, positioning the U.S. as a major holder of Bitcoin and signaling governmental support for digital assets .
   

Given these developments, I'm curious to hear your thoughts:

    Do you believe this is the beginning of a sustained bull market, or could we see a correction soon?

    How do you think the establishment of the Strategic Bitcoin Reserve will impact Bitcoin's long-term value?

    Are there specific price targets you're watching for in the near term?