🚀 BTC Hits $105K But That's Not The End

Why Bitcoin's next target is $122,000.

Author

Ivan
May 12, 2025

Happy Monday!

Bitcoin hit $105,000 on early Monday morning and could hit $122,000 soon. How fast could it happen?

Strategy has acquired a new bag of Bitcoin — how much did Michael Saylor buy last week and at what price?

Plus, ROOT, CME, STNE, TTWO — these stocks climbed while the broader market pulled back. They followed a powerful post-earnings pattern that often signals breakout potential, even during volatility. Check out Benzinga’s free masterclass to learn how to spot these setups before the move — and which stocks might be next.

TOP STORY

Bitcoin rallied to $105,000 on early Monday morning, but that may not yet be its peak, with technical models and macro flows aligning to support a near-term price target of $122,000, according to a report.

The move follows a well-defined breakout above the $84,500 level in mid-April and has been reinforced by strong spot buying and expanding institutional interest, according to a market update from May 12.

When can Bitcoin hit a new all-time high, and the target above $120,000?

SPECIAL OFFER

ROOT, CME, STNE, TTWO — these stocks climbed while the broader market pulled back. They followed a powerful post-earnings pattern that often signals breakout potential, even during volatility. In this free masterclass, you’ll learn how to spot these setups before the move — and which stocks might be next.

QUICK N DIRTY

XRP is up 10% and just keeps skyrocketing! How much higher can it go?

Bitcoin should benefit from the de-escalation of the U.S.-China trade war, but will that be enough to send it to new all-time highs soon?

Dogecoin has jumped another 4% in Monday trading. Can it hit $1 soon?

FINTECH FOCUS

Strategy, formerly MicroStrategy Inc., has acquired an additional 13,390 Bitcoin for approximately $1.34 billion at an average price of $99,856 per coin.

The purchase was fully funded by the company’s ongoing at-the-market (ATM) equity programs, including the sale of 3.22 million shares of MSTR common stock and 273,987 shares of its STRK preferred stock.

How much Bitcoin has Strategy accumulated so far?

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