Bitcoin hits highest-ever weekly close near $106.5K

Author: @aljif7
Platform: Hive
Date: Saturday, May 18, 2025
Category: Personal/Souvenirs

This Monday with a new week BTC is showing still a strong momentum. Hopefully, a strong precedent week will maintain its momentum.

🔥 #Bitcoin hits highest-ever weekly close near $106.5K — just 3% from ATH!

Despite today’s dip, BTC closes strong with 6 straight weekly gains. Last week’s candle closed just under $106,500 — up from ~$94K earlier in May. Momentum is real.

💡 May 18 marked Bitcoin’s highest daily close ever, fueling speculation that a new ATH may be imminent if it holds above $105K. Analysts like @RektCapital are watching closely.

👀 The Coinbase premium is back — signaling strong U.S. demand and possible pre-news accumulation. As noted by @McKenna, Sunday night bids don’t usually lie.

🧠 On-chain thinker @willywoo broke down BTC’s CAGR trend — as adoption grows, growth rate slows. But long-term, BTC still outpaces almost every asset class.

For us building and stacking on Web3, this is more than price action — it’s protocol progress. Stay sovereign. Keep stacking. 🚀

BTC price at the moment of this post: 103,840 USD.

Keep in mind this is not a financial advise in any way. We share it as educational purpose.

That’s all for now, friends!
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