According to Cas Abbé, Bitcoin (BTC) failed to close above its major resistance level despite briefly spiking higher, encountering significant selling pressure and falling back below this critical threshold (source: @cas_abbe, May 31, 2025). This technical development indicates that bearish sentiment currently dominates the market. For bullish momentum to return, BTC must secure a weekly candle close above $109,500. Traders should monitor price action around this resistance as a decisive close could trigger renewed buying interest and fuel further upside in the cryptocurrency market.

According to @KookCapitalLLC, Bitcoin is trading extremely close to its all-time high, signaling a critical resistance test for the cryptocurrency market (source: Twitter/@KookCapitalLLC, May 21, 2025). Traders should monitor price action and volume near the ATH level, as a confirmed breakout could trigger increased volatility and potential for rapid upside momentum. This proximity to the all-time high also draws significant attention from both retail and institutional investors, impacting liquidity and short-term trading strategies.

According to Cas Abbé, BTC is currently testing a significant resistance level after a failed breakout attempt that was identified as a Sunday scam pump (source: @cas_abbe, May 19, 2025). Despite this short-term rejection, the long-term outlook remains positive as Bitcoin has formed a bullish cross on the weekly MACD, a technical indicator often associated with upward momentum. This suggests that traders should closely monitor resistance levels for potential breakout confirmation, as sustained bullish signals on higher timeframes could drive further crypto market rallies.

According to Coins.ph (@coinsph), Bitcoin has surged back to the $100,000 level for the third time since December 5, 2024, with previous milestones reached on January 15, 2025 and now again on May 8, 2025 (source: twitter.com/coinsph). This repeated breakthrough of the $100k resistance highlights strong bullish momentum in the BTC market, offering traders renewed opportunities for both long and short-term positions. Market participants should closely monitor volatility and liquidity around this price zone, as historical performance suggests potential for sharp price swings and increased trading volume. The $100,000 mark remains a significant psychological and technical level that could influence broader cryptocurrency market sentiment.

According to Crypto Rover (@rovercrc) on Twitter, a $1,000 BTC or USDT giveaway will be awarded to a random follower if Bitcoin hits $100,000 by the end of this week (source: Twitter, May 2, 2025). This public commitment highlights strong bullish sentiment and could drive increased retail attention and trading volume around the $100,000 psychological resistance level. Traders should monitor for heightened volatility and potential liquidity spikes as the community rallies around this milestone. Social-driven trading activity is likely to intensify, making order book analysis and risk management critical for short-term strategies (source: Twitter, Crypto Rover).