#BTC
Bitcoin's price dipped below $103,000 today, following a brief surge above $105,000 on May 12. This pullback is attributed to profit-taking now bitcoin can show some bearish pattern on chart.
After recent gains, investors are taking profits, leading it to a short-term price decline.
The temporary easing of tariffs between the U.S. and China initially bulled market, but the price of $BTC goes down through this matter.
Bitcoin has dropped slightly today, but it's still doing well overall. This is likely a small correction before we find out more from the U.S. economic reports. Many experts still believe it could rise again in the near future. And could be go near $200 by the end of this year.