From Cointelegraph

May 21, 2025 11:42:00 AM:

Bitcoin price has hit new intraday highs every day this week, inching closer to a new all-time high. The Bitcoin Quantile Model suggests BTC is entering the Transition Zone before the Acceleration Phase, with price targets of $130,000 and $163,000 expected. Analysts believe a price above $200,000 is reasonable by 2025.

Strong Bitcoin volumes are seen as the final confirmation before new highs. Historical data shows BTC tends to break out to new all-time highs quickly when consolidating near ATH levels. However, current trading volume remains a concern, with retail investor demand at just 3.2% despite BTC nearing its all-time high.

Read more at Cointelegraph: Bitcoin enters ‘acceleration phase’ resembling BTC price gains seen after Trump election victory