Bitcoin has officially completed 30 consecutive days trading above the $100,000 mark, marking a historic milestone in its 15 year journey. Bitcoin achieved its all time high (ATH) of $111,980 on May 22, almost hitting $112,000.
In the last 30 days, Bitcoin saw a 10 percent pullback right after reaching its ATH, dropping to $100,428. However, it wasn’t for long, as Bitcoin is back at $109,511 at the time of writing. Momentum appears to be building once again, signaling to be bullish.
“Anytime price is able to punch through a major resistance level, whether psychological or historical, and successfully hold, it is certainly a bullish sign,” said the technical analyst of Wolfe Research Read Harvey. “What really stood out to us was price’s ability to hold that level on the back test, when it briefly fell to $100,000 on Thursday. It also happened to align perfectly with the 50-day moving average. … We feel this should act as a launching pad back towards the recent highs of $112,000.”
In the past month, Bitcoin has surged into the financial and political mainstream. Several U.S. states including New Hampshire first, followed by Arizona, and then Texas have passed legislation recognizing Bitcoin as a strategic reserve asset. These laws reflect a growing trend of state level interest in using Bitcoin as a financial hedge and as part of long term fiscal policy.
“New Hampshire didn’t just pass a bill; it sparked a movement,” stated the CEO and Co-Founder of Satoshi Action Dennis Porter.
At the same time, financial institutions are rapidly expanding their Bitcoin offerings. JP Morgan has started providing loans backed by Bitcoin ETFs as collateral. BlackRock’s Bitcoin ETF has entered a period of intense activity, generating record trading volumes and capturing the attention of both retail and institutional investors.
To date, a total of 228 public and private entities have Bitcoin in their balance sheets and in the last 30 days, companies like GameStop, Know Labs, and Norway-based NBX have added Bitcoin as a strategic reserve. All these companies are treating Bitcoin not just as a speculative asset, but as a key part of their long term financial plans. This growing corporate trend follows the example set by Strategy, but it’s now happening on a much larger scale.
At the 2025 Bitcoin conference, the Vice President of the United States of America, JD Vance said in his speech, “Fifty million Americans own Bitcoin. I think it’s gonna be 100 million before too long.”
