According to ChainCatcher, citing CoinDesk, BTC reached a historical high on May 20, 2025, with a daily closing price of $106,830, breaking the previous record, with the next key resistance level at $110,000.
This rise was driven by continuous fund inflows into US spot BTC ETFs, with investors showing increasing interest in inflation-resistant assets like gold and BTC.
Technical analysis suggests that if BTC successfully breaks through $110,000, the next target could be $120,000.
