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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.

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  • Crypto execs to attend US stablecoin bill signing after Thursday vote
  • $5 trillion altcoin season pending as TOTAL2 market cap hits $1.5T
  • CZ is right: There is a structural gap in Web3 trading
  • US SEC Chair Atkins: Education is key for crypto in retirement accounts
  • Metaplanet vs. Semler Scientific: The race to become Bitcoin’s biggest corporate whale
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  • Can ADA price reach $3? Cardano greenlit for 216% rally

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