$BTC Bitcoin Price Update – 15 May 2025
As of 2:58 PM on May 15, 2025, the BTC/USDT pair on Binance is trading at $101,957.95, showing a decline of 1.30% in the last 24 hours. The price has fluctuated between a 24h high of $104,356.95 and a low of $101,724.17. Volume remains significant with 14,484.52 BTC traded and 1.50 billion USDT exchanged.
The market is displaying short-term bearish sentiment, as reflected by the yellow trend line and the recent price dip below the MA60 (102,137.03). The short-term moving averages (MA5: 7.93) and (MA10: 14.26) indicate volatility, with strong red volume bars highlighting selling pressure in recent candles.
Despite today’s dip, Bitcoin has shown positive momentum over the past 7 to 180 days, with a 1-year return of over 64%. This suggests long-term bullish interest still exists, although short-term traders may experience turbulence.
Investors should closely monitor support around the $101,700 level and be cautious of further breakdowns or reversals near $102,300 resistance.
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