Bitcoin (Btc) starts a new week with a long -awaited breakout from a narrow trading range of around $ 103,000.
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BTC price action takes liquidity before reversing its starting position, which fluctuates many emotional entrepreneurs along the way. A fake or a taste of coming things?
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May 18 days and weekly closeness became the highest bitcoin.
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The US trade deals remain high on the MacRO’s volatility listing that motivates the risk of risk of risk this week.
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The touch of crypto with stocks paints a mix -a -picture, increasing in uncertainty of how macro developments can influence bitcoin and altcoins.
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The volume of bitcoin exchange becomes a key ingredient in the assessment of the staying power of BTC price breakouts, each review from the cryptoquant.
A Liquidity Grab for ages
Bitcoin price action has delivered some “classic” moves around May 18 weekly.
A trip to new multimonth highs near $ 107,000 was followed by a 4% correction within a few hours, data from Cointelegraph Markets Pro and Tradingview Shut up.
The spike will take a liquor block close to all time highs, with BTC/USD performing a “Grab” designed to first squeeze the shorts and then trap the latter.
“Classic Liquidity Trap above recently high and upside down,” Crypto businessman, analyst and businessman Michaël van de poppe Reply In X.
“I think we’ll do the same to $ 100k before starting to break above the ATHS. Those are the zones to accumulate your bitcoin.”
Data from the resource tracking Coinglass Showing the inquiry of liquidity that has been refined at $ 107,500, keeping the price from higher heading. The market then took a bid’s liquidity for $ 102,000.
The total crypto liquid at 24 hours until the time of writing is $ 673 million.
Discussing the outlook for Bitcoin, Trader Crypnuevo is among those who have argued for caution instead of entering any level at the current range of over $ 100,000.
“From an perspective on risk management, I don’t see it worth it now in market price,” he wrote in a X thread Before the weekly close volatility.
“Yes, the price can climb up as the HTF trend suggests but as an entrepreneur I am looking for low risk entries. We are currently in objection. Its cluster will make more attractive -entry.”
Crypnuevo acknowledged that bullish signals at high time remain and highlighted the retest of the 50-week exponential transfer of average (EMA) in April, with history lead to new all-time highs.
This week, another guess will call for $ 116,000 to come In the coming days.
Bitcoin marks are highest weekly close to history
It may not take long, but the latest weekly near bitcoin has been highest recorded.
Arriving around $ 106,500, the weekly candle is also allowed for a new all-time high daily close.
Despite the subsequent correction of almost 4%, merchants are diligently celebrating what they see as an underlying desire for the market to push higher.
Highest weekly closely for Bitcoin.
Run is your friend! pic.twitter.com/p4td9ab4r8
– Cryptogoos (@crypto_goos) May 19, 2025
“The highest weekly closely followed by a red start on the week? Yeah – get low in advance, this week is likely to end in green big time,” businessman Jelle Argued In a review of X.
Both businessman Chad mentioned That BTC/USD has managed to close above a major Fibonacci extension level for two consecutive weeks – a first of its type.
The private wealth manager Swissblock technologies have seen a key element to bullish continuing.
“Bitcoin is fighting with $ 107K, got the liquidity above $ 104k – $ 106k but failed to handle,” it Summary In the latest reaction of X.
“Back in scope. Handling support, so far. The bulls have a job: defend this range.”
Coinglass has shown that May is a highly different month for BTC price action. Currently, 10% of its acquisitions are sitting in the middle of a wide range of historical outcomes, with under two weeks left to the monthly nearby.
US trade wars rumbles while Bitcoin ignores rate-cut odds
A lack of essential macroeconomic data this week puts focus on the Federal Reserve and US trade deal.
In particular, markets are looking for positive development about trade relationships between the US and its partners. Treasury Secretary Scott Bestent has promised to make new tariffs on those who do not organize “good faith.”
The news of a deal with China has caused a Snap reaction for stocks Earlier this month, with entrepreneurs who feel comfortable.
It may not be clear as the week begins, thanks to the recently -what US credit downgrade By Moody’s, wipe 1% off stock ‘futures before the first Wall Street Open.
With the dollar again under pressure, Kobeissi’s trade source suggests that Bitcoin and Altcoins can still benefit the current climate.
“Crypto loves moody falling: Bitcoin is 4% away from a new all time high and up to +40% since it was low April,” it mentioned Around the weekly close.
“As the US dollar weakens and the uncertainty increases, Bitcoin and gold have evolved. Bitcoin’s intimate friend is best.”
Crypto is especially resilient to Hawkish cues from the Fed, which has given the market a reason to believe that interest rates will not come before September.
Data from CME Group’s Fedwatch tool The odds are shown of a cut at the upcoming Fed June meeting at only 12%. Unemployment claims on May 22 can move expectations if the result is significantly different from the predictions.
Fed chair Jerome Powell will deliver the annual commencement address of the Georgetown University Law Center on May 25, but is unlikely to provide many policy views.
The Crypto stock correlation with flux
Different reactions to moody collapse set the stage for a debate around the crypto touch with US stocks.
In its latest review, firm Santiment will not get a clear conclusion to the relationship of two ownership classes, calling them “quite relevant.”
“With the 90-day tariff pause between the US and China Monday, the markets remain within the remarkable distance of all the time high,” it summarized on May 17, referring to S&P 500, Bitcoin and gold.
Separate findings from blockchain data provider Redstone Oracles have drawn a difference between perennial and short -term relationships.
While negative on a rolling seven-day basis, it said to the cointelegraphA 30-day perspective delivers an “important touch” between Bitcoin and S&P 500.
Meanwhile, market participants release crypto susceptibility to the same volatility that motivates stocks.
“This is more enjoyable when the $ BTC is exchanged independently of stocks,” incomarks of the commentator said X Followers on May 19.
“It seems like now it’s just a way for people to trade stock futures over the weekend and glass what $ spy is doing during the week.”
Delta volume warning to “local marketplace”
Considering what can be done to launch Bitcoin back to price discovery, a new review looked at the exchange order-book behavior.
Related: Bitcoin hit $ 220k ‘reasonable’ in 2025, says the gold -based forecast
Binance, in particular, is under the microscope as a exchange with the largest volume of place. Delta volume, the onchain analytics platform said, is a major ingredient in prolonged price movements.
“After the recent correction of the market, Delta’s spot net volume in Binance became positive again,” Contributor Darkfost wrote in a “Quicktake“Posting a blog on May 18.
“These signs that the purchase activity is the choice of place market, but more importantly, the sale of pressure significantly refused, even with BTC trading of over $ 100 000. However, in history, when Binance spots volumes are rapidly rising and very clear, it is often in conjunction with local top tops.”
Delta volume measures the difference in buying and selling pressure on the candles, helping to assess the underlying bid strength and ask the sides.
Cryptoquant suggests that investors who throw care of the air around breakouts contribute to uncertain price spikes, and that monitoring the volume of the delta helps prevent bad market entry.
“Instead of becoming a warning sign, increasing area volumes at this point will stimulate market strength,” Darkfost continued.
“Place monitoring volumes can provide an important view of the investor’s behavior, especially Binance, which holds the largest part of global trade.”
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
