{"content":"🔥 Bitcoin Bulls Charge Forward — But Is Resistance About to Bite Back? ⚠️💥 Bitcoin is now trading at $110,000, barely 5% off its all-time high, and bulls are trying to regain momentum. A large number of market watchers anticipate that Bitcoin will soon make a clean break above important levels, after weeks of significant price increases and consolidation. A fresh leg into price discovery and the beginning of a strong bull phase might be signaled if price can cross the $105K barrier. Still, there is a lot of selling pressure at the present prices. Some market watchers see Bitcoin's recent stability as a signal of possible fatigue, given the cryptocurrency's difficulty in breaking higher. Daan provided some commentary on the current trend, pointing out that bitcoin's price outperformed stocks after the tariff-related macro drama. Still, markets continued to rise as trade concerns subsided, while BTC remained stuck at resistance. His "line in the sand" for long-term spot exposure is $90K, according to Daan. A structural collapse would be indicated if Bitcoin were to go below that level, which has not happened so far in this cycle. He is still cautiously positive as long as Bitcoin continues above that level, although he does concede that the risk-reward was better when Bitcoin was 20% to 30% cheaper. Additionally, he cautions that Bitcoin might be pulled down in a short-term flush if equities correct following their robust rallies. Several companies have soared 30-50% in a single month. The next move will determine whether the price of bitcoin continues to rise or begins a larger decline, since it is now displaying relative weakness around resistance. #BTC #BinancePizza #CryptoRegulation #BinanceAlphaPoints #BinanceAlphaAlert $BTC $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/17/3c134643c01249dcb3977fff06bcdd71.png"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}