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$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week

cryptoweekly by cryptoweekly
May 19, 2025
in bitcoin, News
0

Bitcoin is already testing traders’ nerves and pockets as the highest weekly close ever was followed by a dive back to $102,000.

Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000. 

BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or a taste of things to come?

The May 18  daily and weekly close nonetheless became Bitcoin’s highest ever.

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Recent Posts
  • Crypto drainers as a service: What you need to know
  • $107K fakeout or new all-time highs? 5 things to know in Bitcoin this week
  • Tether surpasses Germany's $111B of US Treasury holdings
  • Dubai regulator sets compliance deadline for updated crypto rules
  • Bitcoin bulls should 'be careful with longs' as BTC price risks $100K breakdown
  • Apple KYC glitch on Bybit draws swift executive response to recover $100K
  • Dubai’s regulator updates its rulebook to ensure more compliance

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