Bitcoin (BTC) might hit new all-time high May 23: Weiss Crypto

Bitcoin (BTC), the biggest cryptocurrency asset, has all chances of hitting a new price record next week.

Digital asset research agency and the author of a popular cryptocurrency ranking, Weiss Crypto, has named the date when Bitcoin (BTC) might revisit its all-time high.

Bitcoin (BTC) Is the Only A-Rated Token in Last Edition of Weiss Crypto Rating

Bitcoin (BTC), the biggest cryptocurrency asset, has all chances to hit a new price record next week.

May 23, 2025, wouldn't surprise the experts from the digital asset research agency and the author of a popular cryptocurrency ranking, Weiss Crypto.

Such prediction was shared with 40,000 Weiss Crypto followers on X.

This bullish prediction is based on the agency's Crypto Timing Model, the team clarifies.

Bitcoin (BTC), the first cryptocurrency, is changing hands at $103,017, being 0.61% down in the last 24 hours. Its current price all-time high (ATH) was registered Jan. 20, 2025, at $109,114.

As such, for the prediction to play out, the first crypto should add 5.9%, which doesn't seem impossible given its recent performance and common optimism on crypto markets.

By contrast, for Solana (SOL), the fifth largest altcoin, this cycle high might be already in. At $167.84, it is trading 42.9% down compared to January's ATH above $293.

SOL's price already crossed below a key trend reversal line, Weiss Crypto points out on X.Solana (SOL), together with other altcoin majors Hedera (HBAR), Algorand (ALGO), Celestia (TIA), Render Token (RNDR) and Sonic (S), is labeled B category by Weiss Crypto rating.

In general, the Bitcoin (BTC) community remains enthusiastic about its performance.

As covered by U.Today previously, BitMEX founder Arthur Hayes foresees the BTC price reaching $1 million by 2028.

His estimation is based on the promises of foreign capital getting back to the U.S. and its potential injection into BTC liquidity amid plummeting treasuries prices.

Earlier Bitcoiner Adam Back is sure that Bitcoin (BTC) might hit seven-digit zones as soon as this year.