On May 15, 2025, Bitcoin was traded against the US dollar ($BTC/USD) at levels of $102,422 at 6:00 AM Eastern Time, maintaining a hold above the 102,000 mark despite a daily decline of 1.3%, representing the highest level in three weeks.

The short-term chart shows the formation of a "double bottom" pattern around the 101,800 level, indicating the potential for a new rise towards resistance at 104,500.

Bullish scenario: Continued stability above the 20-day moving average reinforces the chances of a rise to $105,000 in the coming days.

Bearish scenario: Breaking below the 101,500 level could push the price to test support at $100,000.