As of May 15, 2025, Bitcoin (BTC $BTC ) is trading around $102,400, down 1.47% over the last 24 hours. Despite the short-term correction, institutional investors continue to actively increase their positions: inflows into Bitcoin ETFs amounted to $319.5 million in the last 24 hours, and public companies have acquired more than 196,000 BTC in 2025, exceeding the total new supply during this period.
Technical analysis indicates a key resistance level around $106,000 that the market is trying to overcome after a 40% rise in the last month. Meanwhile, the Relative Strength Index (RSI) is around 42, which may indicate the possibility of a short-term rebound if buying pressure resumes.
At the same time, Bitcoin's dominance in the market has decreased from 65% to 62%, which may indicate the start of an "altcoin season" in June.
$BTC — correction or a breather before a new rise?
📉 Bitcoin has pulled back below $103,000, but institutional purchases remain high.
📊 Key resistance level — $106K; overcoming it could pave the way for new highs.
📈 RSI around 42 indicates a possible rebound if buying resumes.
