#MarketPullback Why Bitcoin is Slowing Down on Its Road to $100K
In early May 2025, Bitcoin ($BTC) is trading around $96,000, nearing the key psychological milestone of $100,000. The recent high has been fueled by institutional interest, strong ETF inflows, and Bitcoin's rising status as a global hedge against economic uncertainty. However, the momentum has begun to slow down.
One reason for the slowdown is the technical resistance near the $100K mark. As $BTC approached this level, trading volume decreased, signaling reduced buying pressure. Investors are cautious, possibly waiting for stronger confirmation before breaking through this psychological barrier.