ES

Descargar la app

  • Market Insights  >  Daily Market Analysis

23 May 2025,05:50

Daily Market Analysis

BTC Rises on Fiscal Fragility, Regulatory Tailwinds

23 May 2025, 05:50

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

 Key Takeaways:

*Bitcoin hits record $112,000 amid regulatory optimism and macro hedge demand.

*GENIUS Act passes House; Senate deliberations now key to policy clarity as markets turn watchful.

*Institutional inflows surge via ETFs and treasuries, while U.S. deficit fears and dollar softness boost BTC’s appeal.

Bitcoin extended gains to a record $112,000, underpinned by institutional inflows, mounting macroeconomic risks, and cautious regulatory optimism. The move marks a further shift in Bitcoin’s positioning—from speculative asset to structural portfolio hedge.

Institutional demand remains central. Strategy Inc. raised $2.1 billion via a preferred stock offering to expand its Bitcoin holdings, now totaling 576,230 BTC. U.S. spot Bitcoin ETFs have attracted over $8 billion in net inflows in the past month, with BlackRock’s IBIT leading volumes. Derivatives open interest surged, highlighting broader institutional exposure.

On the regulatory front, optimism is rising after the U.S. House of Representatives passed the GENIUS Act, a stablecoin oversight bill. While the legislation now faces deliberation in the Senate, the lower house approval has boosted sentiment. Markets will closely watch the upcoming Senate session, as progress there could solidify policy clarity and sustain the current rally.

Macroeconomic conditions remain supportive. Concerns over U.S. deficit expansion, soft Treasury demand, and dollar weakness are driving demand for non-traditional hedges. Bitcoin’s growing correlation with gold and reduced equity beta underscore its appeal as a defensive asset.

Technical Analysis

BTC/USD, H4

Bitcoin extended gains past the 61.8% Fibonacci retracement at $111,900, reinforcing bullish momentum and signaling a potential run toward the next major resistance near $121,450 — the 78.6% retracement of the prior correction. The move caps a sustained recovery from March lows, underpinned by institutional flows and macro tailwinds.

Technical indicators support the upside case. The RSI has surged into overbought territory at 81, reflecting intense buying pressure and suggesting short-term overheating, though not yet signaling reversal. Meanwhile, the MACD histogram remains firmly positive and widening, with the MACD line accelerating above the signal line — indicating strengthening bullish momentum.

However, any signs of exhaustion could prompt a pullback toward $105,190 — the 50% retracement level — which now acts as initial support. Traders will monitor for consolidation or a volume-backed breakout to validate further upside.

Resistance Levels: 111,900,  121,450

Support Levels: 105,190, 98,480

Comience a operar con una ventaja

Opere en forex, índices, Rieles y mucho más con los diferenciales más bajos de la industria y ejecución ultrarrápida.

  • Empiece a operar con depósitos desde tan solo 50 $ en nuestras cuentas estándar.
  • Obtenga acceso a atención al cliente 24/7.
  • Acceda a cientos de instrumentos, herramientas educativas gratis y algunas de las mejores promociones del sector.
Únase ahora

Latest Posts

Abre una cuenta de manera rápida y sencilla

Crear una cuenta en vivo
  • 1

    Registro

    Regístrate para abrir una Cuenta real de PU Prime sin complicaciones.

  • 2

    Deposita

    Financia tu cuenta sin esfuerzo con una amplia gama de canales y monedas aceptadas.

  • 3

    Empieza a operar

    Acceda a cientos de instrumentos en condiciones de trading líderes en el mercado.

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!