Bitcoin Targets $120K Amid Institutional Surge and Policy Shifts

Bitcoin (BTC) continues to show impressive strength, recently reaching a new high of $112,000 before settling near $109,600 as of May 26. This bullish trajectory is being fueled by increasing institutional involvement, encouraging global policy changes, and a generally positive outlook for crypto markets.

Despite a temporary dip following U.S. President Donald Trump’s unexpected tariff-related announcement, markets quickly regained momentum. Notably, Asian investment firm DDC Enterprise unveiled a strategic plan to acquire 5,000 BTC, beginning with 21 coins via a share swap. At the same time, Pakistan has pledged 2,000 MW of energy to support Bitcoin mining and AI-based infrastructure projects.

Market Overview (May 19–May 26)

• Market Cap on May 19: $3.25 trillion
• BTC Price on May 19: ~$103,000
• ETH Price on May 19: ~$2,300
• Market Cap on May 26: $3.44 trillion

BTC Weekly Price Range

• High: $111,765.70 (May 22)
• Low: $102,494.40 (May 19)

ETH Weekly Price Range

• High: $2,720.74 (May 23)
• Low: $2,354.56 (May 19)

What’s Fueling Bitcoin’s Rally?

The recent surge was catalyzed by institutional appetite and geopolitical triggers. President Trump’s 90-day negotiation period with the EU lifted sentiment despite the earlier shock of proposed tariffs. Inflows into Bitcoin spot ETFs remained robust, with over $2.75 billion recorded last week.

Key on-chain indicators such as low exchange reserves and stablecoin inflows point to reduced selling pressure and ongoing accumulation.

Industry Experts Weigh In

Edul Patel, CEO of Mudrex, shared:

“BTC briefly pulled back after hitting a new all-time high due to Trump’s tariff announcement, but strong institutional buying continues. Spot ETFs alone attracted $211 million in inflows on Friday. If this momentum holds, Bitcoin may comfortably stay above $110,000.”

Srinivas L, CEO of 9Point Capital, said:

“Bitcoin has decisively broken above $106,000 resistance and is trading near $110,000. As long as the upward structure is intact, we maintain a bullish stance. On-chain trends continue to show low sell pressure and increasing buying strength.”

Looking Ahead

As the market digests macroeconomic updates and awaits the EU’s response to U.S. policy shifts, crypto watchers are optimistic. Analysts are forecasting Bitcoin could potentially hit between $120,000 and $200,000 by the end of 2025, provided the current trend continues.

Investor Note

Cryptocurrency investments remain highly volatile and speculative. It is essential to conduct thorough research and consider risk tolerance before making investment decisions.