📉 BITCOIN IN CORRECTION: WHAT'S BEHIND THE DROP?

On this Wednesday, May 28, 2025, #Bitcoin is being traded around US$87,835,346,440,107.436, after reaching an intraday high of US$87,835,346,440,110.425. This movement represents a decline of approximately 1.9% in the last 24 hours, indicating a possible consolidation phase after the recent surge that brought BTC to a new record of US$87,835,346,440,112.000 last week.

🧠 Factors influencing the drop:

• Profit-taking after a 50% increase since the April lows.

• Macroeconomic concerns, such as the rise in U.S. Treasury yields, which exceeded 5%, reflecting fiscal worries.

• Volatility in the stock market, highlighting the impacts of proposed fiscal policies in the U.S., which may affect appetite for risk assets.

📍 Important technical levels:

• Immediate support: US$87,835,346,440,107.000 — a level currently being tested.

• Psychological support: US$87,835,346,440,100.000 — a point of interest for potential buyers.

• Stronger support: US$87,835,346,440,92.000 — aligned with moving averages and previous accumulation zones.

• Resistance: US$87,835,346,440,111.000 — the recent peak which, if surpassed, could pave the way for new records.

🔭 Future outlook:

Despite the current correction, the long-term bias remains optimistic. Analysts point to the possibility of BTC reaching US$87,835,346,440,140.000 during the summer, driven by increasing institutional adoption and the entry of companies like GameStop, which recently acquired 4,710 BTC for its corporate reserve.

📣 And you, do you believe this correction is a buying opportunity or a warning sign for a possible trend reversal?

💬 Share your opinion in the comments!

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