{"content":"#Bitcoin spiked to a new high of $107,108 today, triggering a strong bullish reaction and catching traders’ attention. However, this sharp rally didn’t last long. After hitting resistance near the $107k zone, BTC quickly lost steam and reversed, showing signs of a classic pump-and-dump move. High volatility around this level reflects strong profit-taking and lack of follow-through from bulls. Now trading around $104,359, $BTC has slipped back into the previous range. This drop suggests that the $107k mark remains a tough barrier. If buyers fail to step in near current levels, we could see further decline toward $103k or lower. Until BTC breaks and holds above $106k+, the market will likely stay choppy with sudden reversals. Trade here on $BTC {future}(BTCUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/19/67d6e789313c46a58f6520820e8958fb.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}