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$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

cryptoweekly by cryptoweekly
May 19, 2025
in bitcoin, News
0

Bitcoin is already testing traders’ nerves and pockets as the highest weekly close ever was followed by a dive back to $102,000.

Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000. 

BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or a taste of things to come?

The May 18  daily and weekly close nonetheless became Bitcoin’s highest ever.

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  • Deutsche Bank to launch crypto custody accounts in 2026: Report
  • UK’s Smarter Web Company adds $24.7M in Bitcoin, now holds 773 BTC
  • Bitcoin due to copy S&P 500 to hit new all-time high in July: Forecast
  • Bitcoin targets $200K as profit metrics enter ‘cautiously optimistic’ zone
  • Elon Musk’s xAI raises $10B as Trump threatens to unleash DOGE on him
  • Centrifuge brings S&P 500 onchain in tokenized fund launch
  • FATF warning on stablecoin crimes is not anti-crypto, intel firms say

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