Bitcoin Price Slips Below $108,000 — Key Levels to Watch Next
The post Bitcoin Price Slips Below $108,000 — Key Levels to Watch Next appeared on BitcoinEthereumNews.com. Bitcoin As of May 25, 2025, Bitcoin is trading at approximately $107,650, showing a mild intraday drop of 0.30% but still holding a weekly gain of nearly 4%. This price level marks a slight retreat from the recent local high of over $111,000, seen just days earlier. The move reflects a moment of consolidation after an intense rally earlier this month. Market Snapshot Data from Binance and TradingView indicates that Bitcoin touched a 24-hour high of $107,843.79 and a low near $107,567, signaling a tight trading range. Trading volume over the past 24 hours reached more than $2.1 billion, and the total value of Bitcoin transacted sits around $46.19 billion, suggesting consistent activity despite the price plateau. Key Technical Levels On the chart, BTC appears to be stabilizing above the $106,000 mark, which now acts as immediate support. If this level breaks, the next critical zone lies between $103,500 and $102,000, a range that previously served as consolidation support in mid-May. To the upside, $109,000 is the near-term resistance, followed by $111,000 — the recent local peak. Market Outlook While the short-term momentum has slowed, the larger trend remains intact. The recent dip may represent a healthy correction, allowing the market to cool off before another potential leg upward. With volatility staying elevated and bulls still largely in control, traders are closely watching for confirmation of either a renewed breakout or a deeper retracement. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories…
The post Bitcoin Price Slips Below $108,000 — Key Levels to Watch Next appeared on BitcoinEthereumNews.com.
Bitcoin As of May 25, 2025, Bitcoin is trading at approximately $107,650, showing a mild intraday drop of 0.30% but still holding a weekly gain of nearly 4%. This price level marks a slight retreat from the recent local high of over $111,000, seen just days earlier. The move reflects a moment of consolidation after an intense rally earlier this month. Market Snapshot Data from Binance and TradingView indicates that Bitcoin touched a 24-hour high of $107,843.79 and a low near $107,567, signaling a tight trading range. Trading volume over the past 24 hours reached more than $2.1 billion, and the total value of Bitcoin transacted sits around $46.19 billion, suggesting consistent activity despite the price plateau. Key Technical Levels On the chart, BTC appears to be stabilizing above the $106,000 mark, which now acts as immediate support. If this level breaks, the next critical zone lies between $103,500 and $102,000, a range that previously served as consolidation support in mid-May. To the upside, $109,000 is the near-term resistance, followed by $111,000 — the recent local peak. Market Outlook While the short-term momentum has slowed, the larger trend remains intact. The recent dip may represent a healthy correction, allowing the market to cool off before another potential leg upward. With volatility staying elevated and bulls still largely in control, traders are closely watching for confirmation of either a renewed breakout or a deeper retracement. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories…
What's Your Reaction?
