Bitcoin Pulls Back After Hitting ATH – What’s Next?
After reaching a new all-time high of $111,258, #Bitcoin has pulled back slightly to hover around $108,177, a 2.7% dip from the previous close.
What’s causing the move?
Geopolitical tensions over new U.S.-EU trade risks
Technical resistance near $112K
Short-term profit-taking after ETF inflows hit $1B+
Still Bullish?
Yes — despite the pullback, institutional appetite is rising. Major BTC ETFs like BlackRock’s iShares are leading the charge, and over $13.8B in options are set to expire by month-end.
Key Levels to Watch:
Support: $108,300
Resistance: $112,000
RSI: 42 (neutral-to-oversold)
Stay alert — Bitcoin may bounce back as bulls eye $110K before May 30.
