Bitcoin Rebounds Above $110,000 Nears All-Time High Amid Institutional Demand

Bitcoin has regained momentum after a brief pullback in late May, currently trading above $110,000 and closing in on its all-time high of nearly $112,000. The rally is supported by improving U.S.-China trade relations, a temporary pause on new tariffs announced by President Donald Trump, easing inflation, and optimism about potential Federal Reserve interest rate cuts. Technical indicators such as a bullish Doji candle, fractal price patterns, and a strong relative strength index suggest further upward movement, with analysts predicting possible new highs between $120,000 and $130,000. Institutional interest remains strong, exemplified by significant purchases from corporate treasuries like Strategy, and the market is characterized by increased accumulation and reduced spot exchange volumes, signaling confidence among holders. Experts like Michael Saylor forecast substantial long-term gains for Bitcoin, projecting annual growth rates around 29-30%, potentially valuing Bitcoin at $13 million by 2045. Overall, bullish sentiment is buoyed by a combination of fundamental, technical, and geopolitical factors positioning Bitcoin for a historic run in 2025.