Bitcoin, darling of the digital demi-monde, has, I’m told, achieved a new all-time high of $109,480 on the Bitstamp exchange. One raises an eyebrow, naturally. 🧐
The previous giddy peak of $109,356 was, apparently, etched in the annals of Bitstamp back in January. How thrilling. 🎉
Bitcoin’s latest ascent comes amidst “extremely robust” Bitcoin ETF inflows, signaling that the institutional chaps are taking a flutter. One hopes they know what they’re doing. 🍸
The community, bless their cotton socks, is already celebrating this digital windfall. Richard Teng, the chap at Binance, declares that Bitcoin is “roaring.” Well, isn’t that theatrical? 🎭
#Bitcoin is roaring!
— Richard Teng (@_RichardTeng) May 21, 2025
Alex Thorn, a fellow at Galaxy, claims the flagship cryptocurrency is now in “price discovery mode.” Sounds terribly scientific, doesn’t it? 🧪
bitcoin is now in price discovery
“It might make sense just to get some in case it catches on.”
– Satoshi Nakamoto
– Jan. 17, 2009— Alex Thorn (@intangiblecoins) May 21, 2025
Is $150,000 possible? 🤔
Earlier this week, Bloomberg’s Eric Balchunas didn’t dismiss the notion that Bitcoin could waltz to $150,000 this year. Such optimism! This could, apparently, incite a fresh wave of institutional fervor, allowing BlackRock’s IBIT to usurp Satoshi as the top Bitcoin baron. Heavens to Murgatroyd! 💰
Fundstrat’s Tom Lee, with a twinkle in his eye, suggests that the $150,000 price target is rather…conservative. How very dare he? 🙄
Standard Chartered, not to be outdone, has repeatedly predicted that Bitcoin could prance all the way to $200,000 this year. One hopes they have a good accountant. 💸 According to web search results, Standard Chartered’s Geoffrey Kendrick has even predicted Bitcoin could reach $500,000 by 2028. He attributes this potential surge to improving investor access and decreasing volatility.
Bitcoin is currently up by 17% on a year-to-date basis. How perfectly splendid! ✨
Sources: 1. [Standard Chartered says Bitcoin could hit $500K under Trump](https://www.thestreet.com/crypto/markets/standard-chartered-says-bitcoin-could-hit-500k) 2. [Bitcoin To Defy Trump Tariffs, Recession Fears, Will Hit $200,000 By …](https://www.benzinga.com/markets/cryptocurrency/25/03/44275216/bitcoin-to-defy-trump-tariffs-recession-fears-will-hit-200000-by-end-of-2025-standard-chartered) 3. [Standard Chartered Predicts Bitcoin at $500K by 2028 – BeInCrypto](https://beincrypto.com/standard-chartered-bitcoin-prediction-2028/)
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2025-05-21 18:49