#ShareYourThoughtOnBTC Bitcoin slipped to $107,000 on Friday after reaching $110,500 the day before, placing it just 1.33% shy of its all-time high at $111,970. But that momentum quickly faded. What stood out was that the pullback came even as Bitcoin exchange-traded funds were still recording inflows, leaving many wondering what might be driving the drop.

• Profit-taking near resistance levels likely played a role, as traders secured gains before weekend volatility.

• Exchange volumes have slowed, with trading activity showing signs of cooling despite recent price stability.

• Dormant wallets moved 80K BTC after 14 years, alarming retail traders but data shows no sign of a selloff.

One possible reason for the pullback is that some short-term traders may have chosen to take profits. With Bitcoin trading just below its record level, the proximity to a key price zone could have encouraged some investors to lock in gains ahead of the weekend. This type of cautious move is not uncommon when prices approach major resistance.

However, Bitcoin’s latest reversal isn’t just about crypto—it reflects growing global unease and cooling market enthusiasm.

Here’s what’s weighing on sentiment:

• Trump’s tariff deadline fuels fears of a trade war, leaving investors cautious about global market fallout.