Bitcoin Price Watch: $2.21 Trillion Market Cap Fuels Momentum

At 9 a.m. ET, bitcoin traded at $111,406 on May 22, 2025, brushing against its all-time high of $111,888, as the market showed broad signs of bullish momentum across hourly, 4-hour, and daily chart structures.

Bitcoin
On the 1-hour chart, bitcoin maintained a series of higher lows despite choppy structure, with price peaking at $111,888 before encountering intraday resistance. The volume on recent hourly candles has declined, suggesting momentum could be softening in the short term. Bearish red candles post-peak also reinforce the view of a short-term ceiling forming near that level. Scalpers are eyeing entries near $110,000 with tight stop-losses below $109,800, while a failure to reclaim $111,800 on weak volume may prompt short positions. Profit-taking zones for scalpers are identified between $111,800 and $112,500.