$BTC
Market Insight | May 2025
Bitcoin ($BTC) remains in a consolidation phase following heightened macroeconomic uncertainty and renewed geopolitical tensions. Recent policy signals, including potential U.S. tariff expansions and historic tax reforms, have increased volatility across traditional markets—creating mixed sentiment in crypto.
On-chain metrics suggest growing accumulation by long-term holders, while exchange outflows point to reduced short-term selling pressure. Technically, BTC is holding above key support at $58,000, with resistance near $64,000. A breakout above this zone could trigger renewed momentum toward the $70,000 psychological level.