🟠 $BTC updated the record $111K — and suddenly fell. What happened?

In May 2025, Bitcoin broke a new all-time high — $111,000. But the euphoria didn't last long: within a few days, the price dropped to ~$106,000.

What caused the sharp pullback after such a rise?

📈 Why BTC was rising

Institutional interest: large funds and companies, including Strategy, were actively building positions.

US politics: the Trump administration expressed support for Bitcoin and proposed forming a BTC reserve.

Investor optimism: expectations of further growth and interest in spot ETFs.

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📉 Why the decline started

Profit-taking after ATH — classic.

Expectations of recession and uncertainty about the Fed's rate reduced risk appetite.

Capital rotation: investors are pouring funds into Ethereum and other altcoins.

🧠 What the charts say

The price bounced off resistance at ~$108K. Currently — ~$106K. Consolidation or a pullback to $100K–$102K is possible.

🔮 What’s next?

In the short term — high volatility.

In the long term — still a bullish trend, provided there is support from major players and macroeconomics.

The market remains strong but overheated. We are monitoring the levels and don't forget: a correction after a rise is normal in crypto.

#BinanceSquare