Bitcoin is on track to make history, with a potential weekly and monthly close at $109,000 . Bulls are staying “in control” of BTC price action on short timeframes .
Bitcoin sees some weekend volatility as Hyperliquid's notorious James Wynn flip-flops between short and long BTC . Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 1% on the day to near two-week highs . “Out-of-hours” trading conditions meant that lower liquidity allowed for more volatile market moves on less volume .
Elsewhere, chart analysis saw encouraging signs that Bitcoin market strength would continue . “If you look at the 15-minute chart, the structure is bullish,” popular trader Autumn Riley wrote . “Every time price sweeps a high, it reacts down but keeps making higher lows. The pressure from sellers is fading slowly” .
On June 10, 2025, Bitcoin saw sharp gains as investors cheered progress in ongoing U.S.-China trade talks, while they cautiously awaited a key U.S. inflation reading due later this week . Bitcoin surged to a record high of $112,000 last month, driven by optimism over growing legislative backing and rising institutional adoption .
On May 26, 2025, the Bitcoin price settled at $109,718, with a market capitalization of $2.18 trillion and a 24-hour trading volume of $29.24 billion . The intraday price action was bounded within a range of $106,802 to $110,078, reflecting a volatile yet structured trading session .
On May 21, 2025, Bitcoin reached an all-time high, surpassing a record set shortly after President Donald Trump's inauguration . The price of bitcoin rose by more than 4% to around $109,700 .
On May 18, 2025, Bitcoin notched its highest-ever weekly close, coming just shy of $106,500 .
Traders are advised to monitor the weekly bar closure for Bitcoin (BTCUSD) . A close above $109,000 may lead to a test of the $112,000 resistance in the following week .