BTC price seeks $155K 'trigger' — 5 Things to know in Bitcoin this week

1 week ago

Bitcoin (BTC) bounces backmost to oculus caller all-time highs arsenic a investigating macro week unfolds for risk-asset traders.

BTC terms enactment dipped beneath $107,000 earlier rebounding into the play close, and immoderate are eagerly anticipating caller grounds highs.
US ostentation information meets enslaved marketplace woes this week arsenic the Federal Reserve shows nary signs of cutting involvement rates.
On exchanges, the taker buy/sell ratio is causing interest for investigation amid cooling bid publication activity.
One whale, however, is having amusive — and his successive longs and shorts are being progressively watched successful trading circles.
Funding rates are not spiking contempt existent prices — a cardinal metallic lining for terms upside sustainability.

Bitcoin terms find connected the radar aft rebound

Bitcoin swapped late-weekend weakness for gains into the May 25 play candle close, a determination which yet took BTC/USD supra the $110,000 mark.

Volatility is continuing arsenic the week gets underway, with aged all-time highs from January a cardinal country of interest.

Commenting, fashionable trader Daan Crypto Trades argued that contempt the last-minute recovery, Bitcoin needed a much convincing adjacent to seal the likelihood of further gains next.

The play candle closed astatine $109,100, per information from Cointelegraph Markets Pro and TradingView — around $200 beneath the January high.

“Not a large looking play candle for an each clip precocious break. Generally you privation to spot beardown continuation particularly considering the ~$2B+ successful ETF inflows that came successful since breaching that erstwhile high,” helium told X followers successful 1 of his latest posts.

Forecasting an “interesting week,” Daan Crypto Trades referenced the ongoing popularity of the US spot Bitcoin exchange-traded funds (ETFs), which last week took successful $2.75 billion.

$BTC is forming a bullish penant here.

It bounced backmost nicely from enactment level, which is simply a bully sign.

Despite $1B agelong presumption closing and debased liquidity volume, bears didn't instrumentality BTC down.

I deliberation the adjacent week volition beryllium bully for BTC.

I tin odor a caller ATH again. pic.twitter.com/4cQhrlINIb

— Cas Abbé (@cas_abbe) May 25, 2025

Others person caller grounds highs successful show acknowledgment to terms enactment reversing upward astatine conscionable beneath $107,000.

“$BTC has completed the breakout. Now it's astir follow-through,” chap trader BitBull summarized.

“Clean breakout from consolidation, retest underway. If this operation holds, the adjacent people portion is $155K successful show — Momentum lone needs a trigger.”

Bond yields conscionable PCE successful pugnacious macro week

The Federal Reserve’s “preferred” ostentation gauge highlights the week’s US macroeconomic information prints amid the menace of rising involvement rates.

The Personal Consumption Expenditures (PCE) Index people for April is owed connected May 29, on with archetypal jobless claims.

These volition travel the archetypal revision of Q1 GDP, portion successful the background, rising enslaved yields are causing concern. Last week’s menace of 50% commercialized tariffs connected the EU from President Donald Trump appeared to worsen the situation.

“It’s similar clockwork: President Trump delays 50% EU tariffs until July 9th. Then, the 10Y Note Yield instantly rises backmost supra 4.55%,” trading assets The Kobeissi Letter wrote successful an X thread connected the topic.

“Trade deals are nary longer containing the enslaved market.”

Kobeissi described rising involvement rates arsenic Trump’s “biggest problem,” informing of a lethal operation of commercialized deals and precocious benchmark involvement rates.

“The Fed refuses to chopped rates and commercialized deals are driving yields higher,” it summarized.

The minutes of the Fed’s May meeting, astatine which officials decided to clasp rates astatine existent levels, volition beryllium released this week.

The latest information from CME Group’s FedWatch Tool shows subdued marketplace expectations of a complaint chopped this year, with nary specified enactment anticipated earlier the Fed’s September meeting.

Exchange flash “bearish” momentum signal

Exchange bid books are 1 constituent of the marketplace giving analysts bearish signals arsenic the week begins.

In sum of the taker buy/sell ratio, onchain analytics level CryptoQuant announced a “strong bearish” trajectory arsenic some buyers and sellers coiled down activity.

“Across centralized exchanges (CEXs), some taker bargain and taker abbreviated volumes person dropped significantly,” contributor Crazzyblockk wrote successful 1 of its “Quicktake” blog posts.

“This indicates a cooling successful marketplace bid aggressiveness connected some sides, often a precursor to reduced short-term momentum and accrued uncertainty.”

The taker buy/sell ratio tracks the ratio of bargain to merchantability measurement crossed takers during perpetual swap trades, and connected May 25, it slid beneath the cardinal level of 1 for the archetypal clip since aboriginal April.

Crazzyblockk frankincense concludes that sellers are “beginning to dominate.”

“Simultaneously, 7-day terms volatility is spiking, a emblematic awesome of marketplace inflection zones,” the blog station continued.

“Current information points to a turning constituent successful marketplace sentiment. With purchaser exhaustion increasing and volatility accelerating, the likelihood of a short-term correction increases. Price enactment whitethorn trial enactment adjacent the 105K level, if bearish unit intensifies.”

Before past week’s macro-driven terms retreat, Cointelegraph reported connected taker information conversely implying a caller circular of upside acknowledgment to buy-side unit remaining strong.

Hyperliquid’s Wynn heads to memecoins

Up oregon down, Bitcoin is presently a premier people for large-volume traders entering sizable speculative positions.

As Cointelegraph continues to report, 1 entity successful particular, Hyperliquid’s James Wynn, has flipped from agelong to abbreviated and backmost again wrong a fewer days.

While conscionable 1 “whale” trader retired of many, Wynn’s moves person gained sizeable attention, and with it sway implicit sentiment.

An archetypal $125 cardinal agelong presumption was exited astatine a nonaccomplishment acknowledgment to the latest US tariff headlines, with Wynn past entering a short. This, however, lasted a substance of hours earlier helium returned with another 40X leveraged long, BTC/USD reversing higher astatine the aforesaid time.

Let’s reverse this treble time

— James Wynn 🐳 (@JamesWynnReal) May 26, 2025

“To each the fans and haters: We had a bully tally gambling connected perps,” Wynn wrote successful a consequent X station announcing his latest commercialized exits, this clip successful nett to the tune of $25 million.

To each the fans and haters:

We had a bully tally gambling connected perps

At highest the relationship was up $87,000,000 profits from similar $3-$4m.

Now decided to permission the casino with my $25,000,000 profit

It’s been fun, but present it’s clip for maine to locomotion distant a wynner

Wynn 1-0 Haters… pic.twitter.com/vuUiET2CQZ

— James Wynn 🐳 (@JamesWynnReal) May 26, 2025

Monitoring his activity, analytics level Lookonchain revealed different crypto bets, including a caller agelong presumption connected fashionable memecoin Pepe (PEPE).

Funding rates boost short-squeeze bets

Zooming out, Bitcoin’s existent breakout is making immoderate marketplace participants assured that terms find is lone beginning.

Funding rates crossed derivatives platforms stay reasonably neutral, they enactment — a similar picture to the run-up to erstwhile all-time highs seen successful precocious 2024.

CryptoQuant information puts the cross-exchange Bitcoin backing complaint astatine 0.006 arsenic of May 25.

“Sentiment is calm. No overleveraged longs piling in,” fashionable trader Jelle frankincense responded to the numbers.

“This is 1 of the healthiest Bitcoin breakouts successful a agelong clip - looks ripe to determination a batch higher.”

Crypto commentator Quinten Francois described the backing rates arsenic reflecting a “perfect setup to rip higher.”

Popular trader Crypto Eagles subsequently said that the operation of debased backing and expanding unfastened involvement (OI) should boost the likelihood of a abbreviated squeeze.

This is thing I wanted to spot and it has happened.

BTC backing complaint has turned negative, portion OI is going up rapidly.

Interestingly, this is happening during a debased liquidity Sunday dump.

Bears are getting excessively assured present and this ever happens earlier a large short… pic.twitter.com/8RGIPsglxB

— Crypto Eagles (@CryptoProject6) May 26, 2025

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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