Bitcoin: technical signals indicate a possible drop below 100 thousand dollars today

While Wall Street surges with the improvement in relations between Washington and Beijing, Bitcoin, on the other hand, plummets below 102,400 dollars on May 12. An unexpected drop that contrasts with the prevailing optimism and the institutional momentum of recent weeks. Why did $BTC not benefit from the market euphoria? Just hours before the release of the U.S. CPI, investors are asking: simple profit-taking or an early sign of deeper macroeconomic stress?

A technical correction fueled by the macroeconomic context

On May 12, Bitcoin experienced a sudden drop, falling from an intraday peak of $105,819 to a low of $102,388, without a clearly negative macroeconomic catalyst. This drop, however, occurs in a globally favorable context.

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