$BTC Bitcoin reached a peak of $112,509.65 in May 2025 but has since pulled back to around $101,780-$106,000, reflecting a consolidation phase. Technical indicators like the 50-day and 200-day moving averages suggest mixed signals—bullish on weekly timeframes but bearish on daily charts. This correction follows a 150% rally in 2024, driven by ETF inflows and institutional adoption, with traders now eyeing support levels at $102,000-$104,000 to determine the next move.