Key factors:
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Bitcoin is heading additional away from its newest all-time highs as US commerce tariffs dictate the temper.
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Merchants are unfazed, arguing that BTC value motion can retest even decrease ranges whereas sustaining its bull run.
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Hyperliquid dealer James Wynn goes brief BTC after closing a protracted price $1.25 billion.
Bitcoin (BTC) failed to keep up $108,000 into the Could 25 weekly shut as value motion struggled to shake off new US commerce struggle woes.
Trump “scorching air” blamed as Bitcoin halts value discovery
Knowledge from Cointelegraph Markets Professional and TradingView confirmed BTC/USD staying close to multiday lows.
After snap losses accompanied feedback by US President Donald Trump over 50% tariffs on items from the EU, crypto instantly felt the warmth, and $112,000 remained Bitcoin’s newest all-time excessive.
Additional episodes, this time involving items from particular tech giants, continued the influence, main market individuals to complain about Trump’s maintain over volatility.
“Extra scorching air from the Manipulator in Chief,” Keith Alan, co-founder of buying and selling useful resource Materials Indicators, wrote in a part of a response on X.
Alan nonetheless had excellent news for Bitcoin bulls, arguing that value had extra room to retest help with out extinguishing the broader uptrend.
“The MACRO pattern line and a pair of key Transferring Averages on the Bitcoin Every day chart at the moment have confluence with the Yearly Open,” he famous, referring to the BTC/USD 2025 opening stage at round $93,500.
“So long as BTC is buying and selling above that zone, the Bull pattern remains to be intact.”
Widespread dealer Crypto Tony held an identical view, suggesting that even one other $4,000 drop from present ranges by the weekly shut can be acceptable.
A detailed above $108,000 this week can be good, however a detailed above $104,000 is equally as okay as we clear the resistance zone pic.twitter.com/f1jYRouinj
— Crypto Tony (@CryptoTony__) Could 25, 2025
Fellow dealer Merlijn eyed a traditional short-term BTC value magnet within the type of a brand new “hole” on CME Group’s Bitcoin futures.
“$BTC simply left a recent CME Hole at $107,230,” he confirmed on the day.
“These gaps don’t keep open for lengthy. Anticipate value to come back again and fill it. Eyes on that stage.”
BTC buying and selling big Wynn flips brief
In a transfer that shortly caught the eye of market observers, in the meantime, one large-volume dealer all of the sudden flipped brief on BTC this weekend.
Associated: Bitcoin ‘appears exhausted’ as subsequent bear market yields $69K goal
As Cointelegraph reported, Hyperliquid dealer James Wynn had beforehand opened a $125 billion lengthy place however started dropping cash over the Trump volatility.
As famous by analysis agency Lookonchain, not solely had Wynn closed his lengthy however had changed it with a brand new brief place price round $110 million.
High dealer @JamesWynnReal has flipped bearish on $BTC, switching from lengthy to brief.
He opened a $BTC brief place of 1,038.7 $BTC($111.8M) at $107,711.1 an hour in the past, with a liquidation value of $149,100.https://t.co/BMeuztgBNE pic.twitter.com/uLypq5kLTj
— Lookonchain (@lookonchain) Could 25, 2025
“That is a whole lot of buying and selling for an illiquid uneven weekend,” dealer Daan Crypto Trades wrote whereas reacting to the change on X.
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a choice.