Fun

Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform

News Feed - 2025-05-18 01:05:24

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


Bitcoin is facing growing risks of a pullback as bullish momentum begins to fade near key resistance. After weeks of impressive gains, BTC is now consolidating in a tight range just below its all-time high, with buyers struggling to push the price into price discovery. This ongoing indecision has raised concerns among traders and analysts, who are closely watching for signs of either a breakout or a deeper retracement. Related Reading Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details 1 day ago


Crypto analyst Daan offered a broader perspective on the situation, noting that Bitcoin initially surged in response to the recent tariff-related tensions, significantly outperforming equities in the process. However, as trade uncertainty began to ease and traditional markets regained momentum, Bitcoin lost steam and failed to follow through. While stocks continued their uptrend, BTC stalled—an unusual divergence that suggests caution may be creeping back into the crypto space.


With the price now hovering around the $103K mark and key resistance near $105K remaining untouched, bulls must act decisively to reclaim control. A failure to do so could trigger a larger correction, especially if macro conditions shift or equity markets show renewed weakness. For now, all eyes are on the range — and which side breaks first. Bitcoin Bulls Eye Breakout But Caution Grows Near Resistance


Bitcoin is just 5% away from its all-time high of around $109,000, trading near $103K as bulls attempt to reclaim momentum. After weeks of strong upward movement and consolidation above key levels, many analysts believe BTC is preparing for a decisive breakout. If price can clear the $105K resistance, it could trigger a new leg into price discovery and signal the start of a powerful bull phase.


However, selling pressure at current levels remains strong. Bitcoin has struggled to break higher, and some traders see this consolidation as a sign of potential exhaustion. Daan offered insights on the recent behavior, noting that BTC surged sharply following the tariff-related macro drama, outperforming equities in the process. Yet, as some trade uncertainty faded, stocks kept climbing while BTC stalled near resistance. Bitcoin pushing into uncharted territory | Source: Daan on X


Daan considers $90K his “line in the sand” for long-term spot exposure. If Bitcoin were to drop below that mark, it would suggest a structural breakdown that hasn’t occurred during this cycle. For now, he remains cautiously bullish while BTC stays above that level, but admits the risk-reward was more attractive when BTC was 20–30% cheaper.


He also warns that if equities correct after their aggressive rallies—many stocks have surged 30–50% in a single month—it could drag Bitcoin lower in a short-term flush. With BTC showing relative weakness near resistance, the next move will be critical for confirming either continued upside or the start of a broader pullback. Related Reading Dogecoin Whales Accumulate 1 Billion DOGE In A Month: Fueling Price Surge Speculation 1 day ago Tight 4H Range Signals Imminent Price Breakout


The 4-hour chart shows Bitcoin consolidating tightly between $105,700 resistance and $100,700 support, creating a narrow range that suggests a strong move is imminent. Price has been ranging sideways for several days, with multiple failed breakout attempts above $103,600. This level continues to act as a key barrier for bulls. BTC consolidates around $103K | Source: BTCUSDT chart on TradingView


Notably, Bitcoin remains above both the 200 EMA ($96,121) and the 200 SMA ($94,622), reinforcing the medium-term bullish structure. Momentum is neutral in the short term, as shown by the indecisive price action and declining volume. However, the trend remains intact as long as BTC holds above $100,000 — the psychological and technical line in the sand.


If price breaks above $103,600 with volume, it could trigger a move toward the $105,000–$109,000 range and initiate a push into price discovery. On the other hand, failure to hold this support zone could open the door for a quick flush to retest the $98,000–$96,000 area, where the moving averages align. Related Reading Solana Sees Renewed Demand As Capital Flows Turn Positive – Details 2 days ago


Traders should watch for a clear breakout or breakdown, especially as moving averages and prior highs converge. This tight setup rarely lasts long, and a decisive move could define Bitcoin’s trend for the rest of the month.


Featured image from Dall-E, chart from TradingView

News Feed

Litecoin to Undergo Block Reward Halving in Just Over 200 Days, First Among Major PoW Cryptocurrencies
Litecoin to Undergo Block Reward Halving in Just Over 200 Days, First Among Major PoW Cryptocurrencies In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experienc
Web3 & Metaverse NFT Domains Now Available to Mint at Quik․com
Web3 & Metaverse NFT Domains Now Available to Mint at Quik․com sponsored Quik.com is offering NFT domains as a gateway pass for users to establish their very existence on the web
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin"s $1 Parity As crypto markets continue to slide in value, concerns abou
Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’
Tristan Greene6 hours agoMeta won’t launch new AI products in EU, citing ‘regulatory uncertainty’The door is now wide open for Google and Microsoft to gain first movers’ advantage over the entire continent.337 To
Prashant Jha3 hours agoCRV exposure risk throws a curveball at the DeFi ecosystem: Finance RedefinedMost DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit.1221 Total view
Report: Former FTX Director of Engineering Nishad Singh Negotiating Plea Deal with Prosecutors 
Report: Former FTX Director of Engineering Nishad Singh Negotiating Plea Deal with Prosecutors  Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead g
India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST
India"s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST India’s central bank, the Reserve Bank of India (RBI), has warned about investing in the c
US Bitcoin ETFs see record $17B in net inflows
Amaka Nwaokocha12 hours agoUS Bitcoin ETFs see record $17B in net inflowsThe consistent inflows into Bitcoin spot ETFs signal a robust and growing demand for regulated Bitcoin investment vehicles.11057 Total views4 Total
Hundreds of Sites Now Earn Crypto Trading Fees: Exchange WordPress Plugin Sees 300 Active Installs
Hundreds of Sites Now Earn Crypto Trading Fees: Exchange Wordpress Plugin Sees 300 Active InstallsA couple of months ago, a new WordPress (WP) plugin launched that allows anyone to
Tucker Carlson Blames Recent De-Dollarization Movements on Russian Sanctions and US Dollar Weaponization
Tucker Carlson Blames Recent De-Dollarization Movements on Russian Sanctions and US Dollar Weaponization Tucker Carlson, host of Fox News and the “Tucker Carlson Tonight̶
Gareth Jenkinson10 hours ago‘No, we’re not smuggling people’ - Bitcoin advocate tours Europe in BTC-styled vanA Bitcoin-themed van promoting adoption around Europe has seen its fair share of drama, including a midn
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York U.S. law enforcement officials are reportedly sc