Bitcoin has now officially traded above $100,000 for 30 consecutive days, marking a new chapter in the digital asset’s 15-year history. The milestone was reached after Bitcoin hit an all-time high of $111,980 on May 22 before pulling back to just above $100,000. At the time of writing, it’s rebounded to $109,511.

According to analysts, the sustained hold above this psychologically significant level confirms growing confidence in Bitcoin’s role as more than a speculative asset. “The fact that price held that level on a backtest is what really stood out,” said Wolfe Research analyst Read Harvey, noting that the dip to $100,000 aligned with the 50-day moving average. “It should act as a launching pad back towards the recent highs.”

The run-up comes as Bitcoin moves deeper into the financial and political mainstream. In the U.S., states like New Hampshire, Arizona, and Texas have passed legislation recognising Bitcoin as a strategic reserve asset. Meanwhile, institutional interest has surged, with JP Morgan offering loans backed by Bitcoin ETFs and BlackRock’s ETF registering record volumes.

Over 220 public and private entities now hold Bitcoin on their balance sheets. In just the past month, companies including GameStop, Know Labs, and Norwegian exchange NBX have joined the ranks of corporates adopting Bitcoin as a long-term reserve strategy.

At the 2025 Bitcoin Conference, U.S. Vice President JD Vance noted the scale of adoption: “Fifty million Americans own Bitcoin. I think it’s gonna be 100 million before too long.”

With momentum showing little sign of slowing, Bitcoin’s latest milestone may be less about speculation—and more about a shifting financial order.