$BTC

Bitcoin (BTC) is trading at approximately $102,028, reflecting a 1.53% decline over the past 24 hours. The price has fluctuated between an intraday low of $101,839 and a high of $104,168. 

Despite this dip, institutional interest remains strong, with Bitcoin ETFs recording $319.5 million in inflows on May 14. Analysts suggest that Bitcoin is consolidating between $102,000 and $105,000, potentially setting the stage for a breakout towards $110,000. However, some on-chain metrics indicate a possible double-top pattern, reminiscent of the 2021 cycle, signaling caution.   

Investors are advised to monitor ETF inflows and on-chain indicators closely, as these factors could influence Bitcoin’s near-term trajectory.