As of May 28, 2025, Bitcoin (BTC) is trading at approximately $108,784, experiencing a slight intraday decline of 0.12%. The price has fluctuated between an intraday high of $110,425 and a low of $108,616.
Currently, Bitcoin is hovering just below the $110,000 resistance level, indicating a phase of consolidation. Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest a decrease in bullish momentum, pointing to potential short-term weakness. However, the broader market sentiment remains optimistic, bolstered by significant institutional investments, including a recent $2.5 billion acquisition by Trump Media .
In summary, while Bitcoin faces short-term resistance and potential volatility, the overall trend remains bullish, supported by strong institutional interest and positive market sentiment.
