Bitcoin Pulls Back from $105K – May 30, 2025
Caption:
🚨 Bitcoin Faces a Pullback – Is the Rally Losing Steam?
After reaching a local high of $105,700, Bitcoin is now showing signs of bearish pressure, dropping by over 3% in the last 24 hours.
📊 Market Snapshot:
🔻 Price: $105,020
🔻 24h Change: -3.1%
🔻 Resistance: $108,000
🔻 Support: $102,500
💡 What’s driving the drop?
– Profit-taking by short-term holders
– U.S. macroeconomic uncertainty
– BTC dominance weakening slightly as altcoins gain traction
🧠 Analyst Tip: Don’t panic. Corrections are healthy in a bull cycle. Look for confirmation before entering new trades.