Bitcoin is holding at $107,911 down 1.10% in the last 24 hours with $46.17B in trading volume. As we head into the Memorial Day weekend all eyes are on whether reduced liquidity will lead to big moves to $115,000.
Bitcoin ETF Inflows Signal Renewed Institutional Confidence
Spot Bitcoin ETFs saw significant inflows between May 17 and May 23, totaling $2.75 billion, a 4.5× increase from the previous week, according to Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) stood out, continuing its eight-day streak of inflows.
Supporting this, Coinglass data reveals heightened spot exchange activity. On May 23, the BTC spot exchange net inflow heatmap shows Binance leading with $19.87 million in net inflows over a 1-hour window, while Bybit, OKX, Kraken, and Bitstamp saw smaller inflows.
Bitcoin Spot Data Analysis – Source: Coinglass
Spot exchange volume heatmaps confirm Binance’s dominance with $92.84 million, followed by Bybit’s $42.71 million.
Key highlights:
Spot ETF inflows: $2.75B between May 17–23; $5.39B total for May
Spot exchange inflows: Binance $19.87M net inflow, Bitstamp $1.91M
Exchange volume: Binance $92.84M, Bybit $42.71M, OKX $22.34M
This data aligns with Bitcoin’s recent rally to $111,970 on May 22 and suggests renewed institutional and exchange-driven interest. The Crypto Fear & Greed Index cooled from 78 (“Extreme Greed”) to 66 (“Greed”), reflecting a slight pullback in sentiment.
Bitcoin Technical Analysis: Key Levels for the Weekend
On the 2 hour chart Bitcoin is testing supports as it’s below the 50 period EMA at $108,315. Price is pressing against the ascending trendline at $107,000 and the Fibonacci retracement levels from the $102,190 low to the $111,958 high have $107,074 as a key pivot.
Supports: $107,074, $105,905, $104,289
Resistance: $108,315, $109,637
Indicators: Bearish MACD crossover, indecision candles, trendline pressure
If BTC goes below $107,000 expect drops to $105,905 or $104,289. But if it goes above $108,315 it could regain bullish momentum and target $109,637 and above.
Will Thin Liquidity Cause a Weekend Spike?
With the long weekend ahead reduced liquidity will amplify price movements. If ETF inflows continue and technicals recover BTC might go to $115,000. But if indecision and low volume persists BTC could move big in either direction.
BTC Bull Token Nears $7.33M Cap as 65% APY Staking Draws Interest
With BTC/USD falling below $108,000, attention is shifting to altcoins like BTC Bull Token ($BTCBULL). So far, $6.33 million has been raised out of a $7.33 million cap. The presale is closing in on its limit, next presale price jump closes in fast.
Bitcoin Rewards and Supply Reductions
BTC Bull Token operates with a built-in system: the higher Bitcoin’s price, the more BTC airdrops are distributed to token holders. Notably, presale participants receive priority. The system also features:
Token burns every $50K BTC increase, reducing supply.
Current token price at $0.00253 before the next bump.
This approach aligns token value with Bitcoin’s price moves while maintaining scarcity through programmed burns.
Staking Terms for Passive Returns
BTCBULL’s staking pool holds 1.62 billion tokens offering 65% APY, with:
No lockup periods or fees.
Full access to funds at any time.
This structure appeals to holders looking for yield without complex requirements or risk of illiquidity.
Momentum Before the Cap Fills
With just over $1 million remaining in the presale, buyers are positioning early. The token’s mechanics of Bitcoin-tied rewards, supply adjustments, and staking options are driving participation.
Key figures:
USDT raised: $6,329,314.26 / $7,332,195
Token price: $0.00253
BTCBULL offers a whopping ~65% APY on its Ethereum-based staking pool (currently holding 1.61B BTCBULL), with no lockups or withdrawal fees. That means passive yield — with full liquidity.
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