📊 BTC Market Status – May 17, 2025

Current price: Approximately $103,472.85, with a variation of -0.36% over the last 24 hours.

Daily range: Bitcoin has ranged between $102,796 and $104,302 today.

Technical analysis: BTC recently broke a descending triangle pattern on the 4H chart, testing the $104,000 area. This breakout suggests a potential bullish movement, although notable resistance remains around $104,900.

Market sentiment: The RSI index is around 52, indicating a neutral trend. The Fear & Greed index shows 71, reflecting a predominance of optimism among investors.

Institutional data: Invesco's Bitcoin ETF recorded no net flows today, indicating a pause in institutional movements.

Current trend: After a rejection at $105,000, BTC is undergoing a short-term pullback. The price remains stable around key technical zones, with no clear direction for now.