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📉 Recent Decline in Bitcoin Price
As of May 15, 2025, Bitcoin's price dropped to approximately $102,397, marking a 1.47% decrease. This decline came as investors awaited key U.S. inflation data, prompting cautious behavior in the market.
(Source: Blockchain.news)
Earlier, on May 12, Bitcoin reached around $105,720 after the U.S. and China announced a 90-day suspension of new trade tariffs. However, this bullish reaction was short-lived, and the price fell back below $102,000.
(Source: Fingerlakes1.com)
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📊 Reasons Behind the Drop
Profit Booking: After recent gains, many investors locked in profits, causing a pullback in the price.
(Source: Economic Times)
Shift to Traditional Stocks: The tariff truce led investors to pivot towards traditional markets, reducing demand for Bitcoin.
Technical Resistance: Bitcoin faced strong resistance around the $105,000 mark, contributing to market stagnation or decline.
(Source: Business Standard)
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🔮 Future Outlook
Analysts suggest that if Bitcoin holds above $100,000, it could rise towards $108,000–$110,000. However, a drop below $97,000 could indicate further bearish trends.
(Source: CoinDCX)
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📈 Institutional Interest Remains
Despite the recent dip, institutional investors continue to show strong interest. For example, on May 14, Bitcoin ETFs saw $319.5 million in inflows, a sign of continued confidence.
(Source: Blockchain.news)
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🧭 Conclusion
Bitcoin’s recent price drop is driven by profit-taking, shifting investor focus to traditional markets, and technical resistance. However, institutional confidence and long-term predictions suggest potential recovery ahead.
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