According to QCPgroup, Bitcoin ($BTC) briefly breached the $108K level but failed to maintain it, signaling a potential vulnerability in current momentum. The report notes that accumulation activity by major players such as Strategy and Metaplanet appears to be slowing, which could limit further upside in the short term. However, Bitcoin's ability to hold recent gains suggests underlying strength, and a decisive breakout above resistance levels may attract significant sidelined capital back into the crypto market. Traders should monitor institutional buying trends and price action closely for indications of renewed bullish momentum (Source: QCPgroup, May 21, 2025).

According to Milk Road (@MilkRoadDaily), in a live broadcast with Matt Crosby, the discussion focused on the current Bitcoin price action, MicroStrategy (MSTR) stock performance, and broader crypto market analysis. Matt Crosby highlighted Bitcoin’s resilience above key support levels, which has implications for short-term trading strategies. The live analysis also emphasized MicroStrategy’s continued accumulation of Bitcoin and its effect on both MSTR stock volatility and overall market sentiment, as cited during the session. Traders were advised to monitor MSTR’s Bitcoin holdings and institutional buying trends for potential trading opportunities, especially in light of recent market movements (source: Milk Road live broadcast, May 7, 2025).