Bitcoin has officially traded over $100,000 for 30 consecutive days for the first time
Bitcoin has completed 30 consecutive days of transactions, exceeding $100,000, a mark of a historical milestone in its 15-year journey. Bitcoin reached an all-time high of $111,980 (ATH) on May 22, almost reaching $112,000.
Over the past 30 days, Bitcoin has pulled back 10% immediately after reaching ATH, falling to $100,428. However, it’s not long since Bitcoin is back to $109,511 at the time of writing. Momentum seems to be established again, and the signal is bullish.
“Anytime the price can make a big shock at the main resistance level, psychologically or historically, and successfully maintaining it is undoubtedly a sign of bullishness,” Wolfe Research’s technical analyst reads Harvey. “What’s really striking for us is Price’s ability to maintain that level in a regressive test that briefly dropped to $100,000 on Thursday. It also happens to fit exactly with the 50-day moving average. … We think this should act as a launch pad close to the most recent $112,000 high.”
Over the past month, Bitcoin has poured into the financial and political mainstream. Several states in the United States first included New Hampshire, followed by Arizona, and then Texas passed legislation to view Bitcoin as a strategic reserve asset. These laws reflect the growing trend of national-level interests in the use of Bitcoin as a financial hedge and are also part of long-term fiscal policy.
“New Hampshire is not only passing bills; it triggered the action,” said Satosi Action CEO and co-founder of Dennis Porter.
Meanwhile, financial institutions are rapidly expanding their bitcoin products. JP Morgan has begun offering loans backed by Bitcoin ETFs as collateral. Blackrock’s Bitcoin ETF entered a fierce event, generating record volumes and attracting the attention of retail and institutional investors.
To date, a total of 228 public and private entities have Bitcoin on their balance sheets, and over the past 30 days, companies such as GameStop, New Labs and Norway NBX have used Bitcoin as a strategic reserve. All of these companies not only view Bitcoin as a speculative asset, but are also a key part of their long-term financial plans. This growing business trend follows examples of strategy setting, but is now underway on a large scale.
At the 2025 Bitcoin Conference, U.S. Vice President JD Vance said in a speech: “Fifty million Americans own Bitcoin. I think that will be 100 million times.”
