Bitcoin: Growth or Pause?

🟡Bitcoin set a new all-time high at $111,880, but experts are divided on the prospects for further growth. Analysts at Bitfinex emphasize that consolidation after a sharp rally may be a healthy phase, potentially strengthening the market ahead of the next impulse. However, the third quarter is traditionally the weakest for the leading cryptocurrency: since 2013, the average return has been just 6.03%.

🟡Despite profit-taking by short-term investors and selling pressure, the market is showing signs of maturity. Institutional demand — especially from bitcoin ETFs — remains strong, with inflows totaling $2.75 billion in the week leading up to May 23. This supports optimism, particularly amid expectations around Fed decisions and decreasing volatility.