- Bitcoin (BTC) might hit new all-time high May 23: Weiss Crypto
- $1,000,000 per Bitcoin (BTC): New bullish estimates by market vets
Weiss Crypto, a digital asset research agency and the author of a popular cryptocurrency ranking, indicates an opportunity for Bitcoin (BTC) to revisit its all-time high (ATH) next week. Bitcoin (BTC) remains the only A-rated cryptocurrency in Weiss Crypto Rating's last edition.
Bitcoin (BTC) might hit new all-time high May 23: Weiss Crypto
Bitcoin (BTC), the biggest cryptocurrency asset, has all chances of hitting a new price record next week. As per Weiss Crypto agency, May 23, 2025, wouldn't surprise the experts as the new Bitcoin (BTC) price ATH date. Such prediction was shared with 40,000 Weiss Crypto followers on X.
We expect Bitcoin to reach a new all-time high soon.
Our Crypto Timing Model points to May 23 as a key date to watch.
As per the team's statement, this bullish prediction is based on the agency's Crypto Timing Model.
Bitcoin (BTC), the first cryptocurrency, is changing hands at $103,017, being 0.61% down in the last 24 hours. Its current price all-time high (ATH) was registered Jan. 20, 2025, at $109,114.
As such, for Weiss Crypto's prediction to play out, Bitcoin's (BTC) price should add 5.9%, which doesn't seem impossible for the first crypto given its recent performance and common optimism on crypto markets.
By contrast, for Solana (SOL), the fifth largest altcoin, this cycle high might be already in. At $167.84, it is trading 42.9% down compared to January's ATH above $293.
SOL's price already crossed below a key trend reversal line, Weiss Crypto points out on X.
$1,000,000 per Bitcoin (BTC): New bullish estimates by market vets
Solana (SOL), together with other altcoin majors Hedera (HBAR), Algorand (ALGO), Celestia (TIA), Render Token (RNDR) and Sonic (S), is labeled B category by Weiss Crypto rating.
In general, the Bitcoin (BTC) community remains enthusiastic about its performance. As covered by U.Today previously, BitMEX founder Arthur Hayes foresees the BTC price reaching $1 million by 2028.
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His estimation is based on the promises of foreign capital getting back to the U.S. and its potential injection into BTC liquidity amid plummeting treasuries prices.
Early Bitcoiner Adam Back is sure that Bitcoin (BTC) might hit seven-digit zones as soon as this year, U.Today reported last week.
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