Bitcoin ($BTC ) is currently experiencing a healthy correction after hitting a new All Time High (ATH) of $111,970 on May 23, 2025. As of this writing, the price of BTC is around \$108,800, which is a correction of about -2.8% from its peak.
From a technical data perspective, this correction coincides with a decline in the RSI indicator to a level of 39.51, reflecting a shift in short-term momentum from the overbought area to a more neutral level. Meanwhile, the EMA(13) and EMA(21) indicators have started to show minor crossovers, signaling a potential consolidation in the near future.
In terms of macrostructure, Bitcoin's market dominance remains strong at 61.95%, with a market cap exceeding $2.16 trillion. However, the latest flow analysis data indicates that selling pressure is higher than buying pressure ā a total of 18,656 BTC was sold, while the accumulation of purchases was only about 16,426 BTC. This results in a net outflow of -2,229 BTC, indicating aggressive profit-taking by institutions and large traders following the ATH breakout.
However, this correction can be considered healthy and necessary to maintain price stability before continuing the potential next rally. As long as the price structure remains above EMA99 and does not breach the medium-term dynamic support, the potential for an upward trend remains open, especially heading into the second half of 2025, which typically becomes a strong accumulation period for BTC.
š Disclaimer : Not Promotion & Not Financial Advice
