When Bitcoin hits a new all-time high, it typically gets a significant boost in momentum.
In the three months after reaching a new all-time high, Bitcoin returns 46% on average.
Since its latest all-time high in November, BTC is already up 45% in just 5 weeks.
This momentum

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Odaily reports that BTC has hit a new all-time high of $105,000, rising 20% in the past month. Analysts point out that the Federal Reserve is expected to cut interest rates next week, and there are also rumors that Trump may use BTC as a reserve asset for the US from "day one". (Cointelegraph)

Factors such as the Fed's interest rate cut expectations have pushed BTC to a new high, up 20% in the past month

Odaily Odaily reports that Aya Kantorovich, co-founder of the crypto platform August, said that many people "have built their expectations on a more favorable US government (crypto regulatory environment)". She added that this optimism is reflected in the demand for exchange-traded funds (ETFs) investing in digital assets. As of last Sunday, Bitcoin has consolidated a seven-week uptrend, the longest since 2021. However, the recent rally has slowed, which may indicate that "a correction may be imminent", wrote Tony Sycamore, market analyst at IG Australia Pty, in a report. Since Trump's victory in the presidential election on November 5, US ETFs directly investing in Bitcoin have attracted $12.2 billion in net inflows. During the same period, Ethereum-like products saw net inflows of $2.8 billion. (Bloomberg)

Bitcoin consolidates seven-week winning streak, setting a new record for the longest weekly winning streak since 2021

The period is still in a primitive and ascending stage, with great "gold rush" opportunities.

Hyperliquid ecosystem is booming: Hypurr, a pump platform that allows users to quickly access content

As we've discussed before, the key metric to watch now is the Bitcoin ETFs net flows. Most of this year's upside has been driven by them.
If the inflows stay strong and steady, there's no reason for the momentum to stop.
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