Key Insights:
- Bitcoin becomes the 5th-largest asset, overtaking Amazon.
- Bullish chart patterns forecast a surge to $210K and beyond.
- Institutional buying and ETF inflows fuel the rally.
Bitcoin has officially surpassed Amazon in market capitalization, securing the fifth spot among the world’s most valuable assets. As of this week, Bitcoin’s market cap reached $2.040 trillion, just ahead of Amazon’s $2.039 trillion. This milestone follows Bitcoin’s surge above $100,000, which marked a historic moment in crypto markets.
Bitcoin Outpaces Amazon Gand oogle in Market Value
Bitcoin is now the fifth-largest asset globally, surpassing not just Amazon but also Google in recent weeks. With a current valuation exceeding $2 trillion, Bitcoin stands only behind Gold, Microsoft, Apple, and NVIDIA. According to recent data, Bitcoin’s rise was fueled by both price appreciation and increased institutional demand.
Earlier this year, Bitcoin overtook Google when it reached a market cap of $1.86 trillion. The pace of this climb has been swift, largely driven by rising investor interest and major inflows into spot Bitcoin ETFs in the United States.
ETF Inflows Fuel Demand Surge
The institutional activity remains a force multiplier of Bitcoin’s valuation march. Geoffrey Kendrick, of digital asset research at Standard Chartered, recently adjusted his previously stated Bitcoin figure, suggesting that his Q2 $120,000 projection might be on the low side.
Kendrick said, “I regret that my $120,000 Q2 target is possibly too low”, crediting the upward revision to enhanced institutional exposure and continued ETF demand.
Over the past three days alone, U.S.-listed Bitcoin ETFs have attracted $5.3 billion in inflows, far outweighing $1.2 billion in hedge fund short positions. Additionally, major companies like BlackRock, Metaplanet, and MicroStrategy continue to build up Bitcoin positions contributing to long term holding pressure. Based on Kendrick’s analysis, net real money going into Bitcoin has surpassed $4 billion, green-lighting the current rally’s strength.
Technical Patterns Point Toward Higher Targets
According to market analyst MerlijnTrader, there is a confirmed breakout on the monthly chart of Bitcoin from a long-term inverse head and shoulders pattern. This setup is one of the most reliable reversal structures, with a clean retest near $78,000 and a projected move toward $340,000 in the long term.
MerlijnTrader acknowledged that this pattern underpins macro-level trend continuation as long as Bitcoin carries ‘momentum’ above key-level support zones. That with current price action still above $103,000, the pattern is still active, and volume has been rising.
On shorter timeframes, Bitcoin has also broken out from a falling wedge pattern on the daily chart. The pattern, formed between Dec. 2024 and April 2025, has been replaced by a rapid upward trend. Supporting indicators like RSI and MFI continue to show strength, indicating strong buying sentiment.
Analysts predict large price milestones to come.
Analyst 0xklarck believes that Bitcoin has entered what he calls the “growth zone” – a historical trend after each halving event. From previous cycles in 2016 & 2021, this phase is frequently associated with sharp upward moves in a matter of months after the halving.
BTC is currently over the lower boundary of its long-term logarithmic channel, a repeat of post-halving price action that we have witnessed in the past cycles. 0xklarck’s forecast shows a short term target of $210,000 within two months with potential upside if past patterns are maintained.
Each preceding post-halving episode has directed Bitcoin towards the upper side of its logarithmic trend channel. If that pattern continues, Bitcoin can touch or exceed $200,000 before the next chilling phase starts.
What’s Next for Bitcoin?
Since Bitcoin is now among the top five global assets, the next challenge is to bridge the gap between NVIDIA, Apple, and Microsoft. Current macro trends, ETF inflows and long-term holder activity indicate continued high interest.
Market watchers are now paying close attention to how BTC behaves near important resistance levels. If this runs on momentum, Bitcoin could be able to challenge the top three asset positions by market cap. While institutional inflows and technical might stand firm, Bitcoin might gain as high as all the global financial markets.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
Olivia Stephanie is a FinTech enthusiast with a keen understanding of financial markets. Her passion for economics and finance has led her to explore emerging blockchain technology and cryptocurrency markets.