$BTC As of May 16, 2025, Bitcoin (BTC) is trading at approximately $103,773, maintaining stability above the $100,000 mark. The market capitalization stands at around $2.05 trillion, reflecting a 68% increase over the past year . 

Despite this growth, on-chain metrics suggest potential caution. Indicators such as the Relative Strength Index (RSI) show bearish divergence, hinting at a possible double-top pattern similar to that observed in 2021 . 

Institutional investment continues to bolster Bitcoin’s position. Notably, a Hong Kong investment firm recently increased its holdings in BlackRock’s spot Bitcoin ETF, with the value of its shares growing to $688 million . 

However, the broader crypto market is experiencing a shift. Analysts anticipate an upcoming “altcoin season” in June, which could divert some capital from Bitcoin to alternative cryptocurrencies . 

In summary, while Bitcoin demonstrates resilience and continues to attract institutional interest, investors should remain vigilant of potential market shifts and emerging trends in the cryptocurrency landscape.