#BTC🔥🔥🔥🔥🔥 Here's a roundup of Bitcoin (BTC) developments over the weekend and early this week (May 10–15, 2025):
📈 Market Overview
Price Movement:
ETF Inflows:
🧭 Key Drivers
U.S.-China Trade Optimism:
Inflation Data:
⚠️ Technical Indicators
Resistance Levels: Bitcoin faced resistance around the $105,000 mark, with recent attempts to breach this level met with retracements. The current support level is near $100,000.
On-Chain Metrics: Analysts observed signs of waning momentum, including bearish divergence in the weekly Relative Strength Index (RSI) and declining trading volumes, suggesting a potential double-top pattern reminiscent of the 2021 cycle