Published: May 27, 2025 | By Binance Editorial Team
As $BTC trades near $108,000, technical indicators are flashing warning signs of a potential short-term pullback—even as the long-term trend remains bullish. With momentum indicators diverging from price action, analysts caution that BTC could temporarily revisit the key psychological level of $100,000.
Momentum Weakens Despite Price Strength
Bitcoin’s recent rally from $75,000 to record highs above $110,000 has slowed in the past few sessions. According to TradingView data, BTC is currently hovering around $108,000 and probing the lower bound of its bullish channel.
A crucial momentum indicator—the 30-day Rate of Change (ROC)—is showing signs of bearish divergence. This occurs when price continues to rise while momentum fails to follow, often a precursor to a short-term reversal. In this case, the ROC is forming lower highs, suggesting diminishing buying pressure.
MACD Histogram Turns Bearish
Adding to the cautionary signals, the MACD histogram on the daily chart has flipped negative. The MACD is widely used to gauge the strength and direction of a trend. A negative histogram suggests momentum is tilting in favor of the bears, potentially setting up a short-term correction.
Key Support to Watch: $100,000
While Bitcoin remains within an ascending bullish channel, a breakdown below the trendline could trigger a move toward $100,000—a former resistance zone that now serves as psychological support.
This level is significant not only due to its round-number appeal but also because it aligns with prior consolidation ranges, making it a likely zone for buyers to step in if the pullback materializes.
The Bigger Picture: Bullish Structure Intact
Despite short-term caution, the broader trend remains intact. The recent golden cross—where the 50-day Simple Moving Average (SMA) crosses above the 200-day SMA—is a classic bullish signal, often preceding extended upward moves.
Furthermore, macro sentiment around Bitcoin remains strong, buoyed by increased institutional interest and growing narratives around crypto adoption.
Final Thoughts
Bitcoin may be pausing for breath after a remarkable run, with technical indicators suggesting a potential short-term dip. However, as long as the broader structure remains bullish, any correction toward $100,000 may present a buy-the-dip opportunity for long-term investors.
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