$BTC As of May 15, 2025, Bitcoin (BTC) is trading at approximately $101,997, reflecting a 1.57% decline over the past 24 hours. Despite this dip, the cryptocurrency maintains a strong position above the psychological support level of $100,000.

Market Dynamics and Institutional Activity

Bitcoin's recent price movement shows a slight pullback, with the price dipping below $103,000. However, institutional interest remains robust, evidenced by substantial ETF inflows totaling $319.5 million. This continued investment suggests confidence in Bitcoin's long-term potential despite short-term volatility.

Technical Indicators and Future Outlook

Technical analysis points to a bullish trend, with the Taker Buy-Sell Ratio reaching 1.02, indicating buyer dominance. Additionally, the Relative Strength Index (RSI) is above 70, signaling overbought conditions but also strong momentum. These indicators suggest that Bitcoin could be poised for further gains, potentially testing the $110,000 resistance level in the near future.

Macro Factors and Strategic Developments

Recent macroeconomic developments, such as a favorable U.S.-Saudi trade agreement, have contributed to a positive market sentiment, benefiting digital assets like Bitcoin.

On the policy front, President Donald Trump signed an executive order in March 2025 to establish a Strategic Bitcoin Reserve, positioning Bitcoin as a national reserve asset. This move underscores the growing institutional acceptance of cryptocurrencies.