🟡Bitcoin has shown resilience despite a correction after reaching $109,600 on May 21. According to QCP Capital, the dip was triggered by a weak auction of 20-year U.S. bonds, but the cryptocurrency quickly rebounded, setting a new high above $111,500. This behavior signals strong demand and the robustness of the current rally.
🟡Analysts emphasize that the market now differs from previous cycles: there’s less speculation, more institutional participation, and a more mature infrastructure. The purchase of large option positions with a $130,000 strike price reflects confidence in continued growth. Bitcoin is also supported by the launch of new investment products, including yield-generating equities aimed at BTC accumulation.