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Here is why Bitcoin price is stuck below $105K

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

Bitcoin price has been stuck below $105,000 over the last week, and data suggests the pattern may continue for a few more days, subject to the emergence of fresh catalysts.

Key takeaways:

Bitcoin price consolidates as resistance at $105,000 prevents a rally to new all-time highs.

Traders are slightly bearish, but historical data suggests a sudden bullish move should not be ruled out.

Read more

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Recent Posts
  • Bitcoin eyes $105K pre-FOMC as Trump reveals Iran asked for dialogue
  • The empire strikes out: Institutionalists failed to kill the stablecoin bill
  • Pi Network migration problems: Users report KYC, 2FA and balance errors
  • Bitcoin’s invisible tug-of-war between suits and cypherpunks
  • Senate passes GENIUS stablecoin bill amid concerns over systemic risk
  • Circle’s USDC to become eligible collateral for US futures trading
  • How a fake tweet from Paraguay pushed Bitcoin to $110K

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