$BTC

As of May 15, 2025, Bitcoin (BTC) is experiencing a minor pullback, trading at 87.78 lakh (~$103,474), down ~0.96% in INR and ~0.57% in USD over 24 hours. This dip follows a recent rally toward $105,000, driven by institutional optimism, cooler inflation data, and Coinbase’s inclusion in the S&P 500. Technical indicators suggest short-term consolidation, with resistance near $106,000 and support at $98,000. Analysts note profit-taking by institutions, evidenced by Fidelity’s $91.4 million ETF outflow, but long-term sentiment remains bullish due to growing adoption and macro tailwinds, with targets reaching $150,000–$180,000 by 2026. Volatility persists, but BTC retains dominance amid muted altcoin activity.