Price $BTC : The Momentum Cools, But the Moving Averages Remain Bullish. Bitcoin traded at a price of $108,972 on May 28, 2025, with a market capitalization of $2.16 trillion and a daily trading volume of $33.16 billion. Intraday price fluctuations ranged from $108,568 to $110,407, indicating a narrow range during a period of market uncertainty. Bullish Verdict:
The price structure of Bitcoin remains firmly held above key support zones, with all moving averages pointing upwards and persistent buying interest around $107,000. As long as the $106,000 level holds and the price recovers to $110,000 with volume, a continuation of the bullish trend to or beyond $112,000 is likely.
Bearish Verdict:
Despite the bullish moving averages, sell signals from momentum and the Moving Average Convergence Divergence (MACD) indicators suggest a weakening of strength. A decisive break below the $106,000 level could lead to accelerated declines, negating the bullish trend and opening up the possibility for a deeper correction.