Bitcoin Dips to $105K Amid Market Volatility – Is a Rebound Imminent?
Bitcoin (BTC) is showing some serious market nerves right now. As of May 30, 2025, BTC is trading around $105,000 — down from its recent all-time high of $111,814 reached just a week ago on May 22. Traders are watching closely as the OG crypto tries to find its footing in this rocky phase.
Analysts say this pullback is likely due to a combo of heavy profit-taking, short-term sell pressure, and global uncertainty in financial markets. Despite the red candles, some experts are calling this a “healthy correction” and a breather before a potential next leg up.
According to TradingView and market sources, BTC has dropped below key support levels but is showing signs of consolidation around the $106K zone. If this level holds, there could be a bullish bounce on the horizon. But if it breaks, bears might drag it down further to $100K.
Crypto bros and whales alike are now glued to charts and macro indicators. The U.S. Fed’s upcoming monetary policy update could stir things up even more. While FOMO is tempting, experts advise staying calm and watching volume trends before jumping in.
TLDR: Bitcoin is down but not out. Whether this is just a dip or the start of a deeper slide depends on what the next few days bring.
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