The conflict between increased institutional faith and technical resistance is reflected in the compression of the price of bitcoin around $105,000.
Tensions in the Middle East increase Bitcoin's volatility as a critical technical confluence zone is formed by the trendline and 100-day MA.
Institutional Bitcoin holdings have surpassed 809,000, demonstrating their belief in the cryptocurrency's ability to withstand geopolitical unpredictability.
A possible bullish breakout is being stalled by the dramatic reaction of Bitcoin's price movement to growing geopolitical concerns. An already delicate technical setup is becoming more volatile due to market concerns around the rising Middle East tensions.
A Pivotal Zone Amid Volatility
Bitcoin is testing a crucial confluence zone, with the 100-day moving average and descending trendline intersecting near $105,000. Traders are watching this level closely, as it has historically triggered powerful directional moves. The coin’s recent reaction here suggests a larger move is brewing.
https://twitter.com/DrProfitCrypto/status/1933545398162854191
After the breakout phase stalled near $114,000, Bitcoin rolled over and retraced toward the mid-range support. As price tested the $103,100 region—clearly marked as a bounce zone, buyers re-entered, signaling the market’s technical respect for this level. The bounce aligned with prior key reactions, such as those seen on April 19 and May 2, reinforcing the moving average’s strategic weight.
Price is stuck between two powerful forces. Resistance from a descending trendline continues to suppress upward momentum, while the 100-day moving average keeps absorbing selling pressure. The most recent candle printed right at $105,010, forming a narrow range that encapsulates current indecision. Price action remains highly reactive, mirroring sentiment driven by breaking news and rising geopolitical risks.
Assessing the daily structure, the bulls have not yet reclaimed control, but neither have the bears broken the critical floor. The market setup offers a classic low-risk, high-reward range. Bitcoin is moving within a compression zone that frequently precedes explosive continuation or breakdown events.
Corporate Accumulation Adds Weight
As Bitcoin consolidates, institutional adoption is ramping up at an unprecedented rate. Over 809,100 BTC are now held across 116 publicly listed firms, signaling growing strategic confidence in Bitcoin as a treasury asset. Notably, accumulation by non-crypto-native companies is accelerating faster than Strategy-focused entities.
Source: Coinvo on (X)
The dynamics of this chart show growing confidence in Bitcoin's tenacity and long-term prospects, despite geopolitical unrest. The amount of Bitcoin held increased from 320,000 to over 800,000 between July 2024 and May 2025. The biggest rises were from November 2024 to May 2025, suggesting that short-term volatility did not affect institutional buyers.
Bitcoin is becoming more deeply ingrained in company financial models as a result of the coordinated accumulation across both conventional businesses and Bitcoin-focused organizations. Although the price structure of Bitcoin is still susceptible to shocks caused by news, confidence seems to be higher than ever beneath the surface.
Will there be further declines, or is this paving the way for a dramatic recovery? Bitcoin is still at a technical turning point right now.
