Bitcoin (BTC) begins a modern week with a long -awaited breakthrough from a narrow commercial compartment around USD 103,000.
-
The BTC price price attracts liquidity before it turns to the starting position, eliminating a lot of emotional dealer along the way. Fakeout or the taste of things that will come?
-
Despite this, on May 18, the weekly became the highest in the history of Bitcoin.
-
Commercial works in the USA remain high on the list of macro triggers for risk asset traders this week.
-
Cryptographic correlation with wrestling paints a mixed image, which increases uncertainty as to how macro development affects Bitcoin and Altcoins in the future.
-
The Bitcoin Exchange volume delta becomes a key component of assessing the force remaining in breaking BTC prices, for Cryptoquant analysis.
Taking liquidity forever
The Bitcoin price campaign provided “classic” movements around May 18 a week.
After leaving for modern multimnant maximas near $ 107,000, there was 4% correction in a few hours, data from CointeLraph Markets Pro i TradingView can be seen.
Spike pulled out a smoothness block located near the highest ups, and BTC/USD made a “grip” of liquidity designed to first squeeze the shorts and then imprison the slow long.
“Classic liquidity trap above the latest high and reversing down”, Crypto Trader, analyst and entrepreneur Michaël van de poppe replied on X.
“I think we will do the same for $ 100,000 before we start breaking over ATHS. These are the zones for collecting bitcoins.”
Data from resource monitoring Kinglas He showed that you will ask liquidity supplemented at USD 107,500, which will not be higher. Then the market took the smoothness of offers to USD 102,000.
The total liquidation of cryptocurrencies within 24 hours to write amounted to $ 673 million.
By discussing the prospects of Bitcoins, the Cypnuevo trader was one of those who argue about caution instead of entering any level in the current range above 100,000 USD.
“From the risk management perspective, I don’t see it to now go long at the market price,” he wrote in X thread Before weekly close volatility.
“Yes, the price may increase, as the HTF trend suggests, but as a trader I am looking for low risk entries. We are currently in resistance. Cleansing would be a much more attractive entrance.”
Cypnuevo admitted that the stubborn signals on the highest time frames remain and emphasized in April the 50-week-old movable medium (EMA), which historically led to the modern ups of all time.
This weekend, another forecast required $ 116,000 to arrive in the coming days.
Bitcoin wins the highest weekly close in history
It may not last long, but the latest weekly closing of Bitcoin has become the highest in history.
At the age of around USD 106,500, a weekly candle also allowed modern versatile daily closing.
Despite the later correction, almost 4%, traders are cheerful to celebrate what they consider to be the basic desire for the market to push higher.
The highest weekly close to Bitcoin.
Trend is your friend! pic.twitter.com/p4td9ab4r8
– Cryptogoos (@crypto_Goos) May 19, 2025
“The highest weekly close, and then the red beginning of the week? Yes – get low early, this week probably ends at the green time,” trader Jelle he argued In X analysis.
Another Chad salesman excellent That BTC/USD also manages to close above the key level of Fibonacci extension for two consecutive weeks – the first of its kind.
A private wealth manager Swissblock Technologies saw one key ingredient for stubborn continuation.
“Bitcoin flirted with USD 107,000, gained liquidity above USD 104,000 – USD 106,000, but it was not possible to maintain” summarized In its latest X.
“After returning in the field, for now, having support. Bulls have one job: defend this range.”
Couminggass has shown that May is a very diverse month for the BTC price campaign. Currently, its 10% of profits are located in the middle of a wide range of historical results, leaving less than two weeks for monthly closing.
The trade war in the USA is given when Bitcoin ignores the chances
Lack of key reports on macroeconomic data this week focuses on the federal reserve and trade transactions in the USA.
In particular, markets will look for positive changes in the field of commercial connections between the USA and their partners. Treasury Secretary Scott Bessent promised to introduce modern tariffs to those who do not negotiate in “good faith”.
The news about the contract with China caused a reaction to shares at the beginning of this month, and traders feel relief.
It may not be as perceptible as the week begins, thanks to the recent reduction of the US loan by Moody’s, wiping a 1% discount on the back of stocks before the first Wall Street Open.
After the dollar pressure, commercial resources, and Kobeissi letter suggested that Bitcoin and Altcoins can continue to utilize in the current climate.
“Crypto loves Downgrade Moody: Bitcoin is now 4% from new all time high and over 40% from April”, IT excellent Around the weekly close.
“When the American dollar weakens and uncertainty increases, Bitcoin and Gold bloom. Instability is Bitcoin’s best friend.”
Crypto is also more and more resistant to FED hawk tips, which gave the market a reason to think that interest rate discounts would not come before September.
Data from the CME group Fedwatch tool It shows the chances of cutting at the upcoming June Fed meeting at just 12%. Unemployed claims on May 22 can change these expectations if the result differs significantly from forecasts.
Fed Chairman Jerome Powell will provide the annual address of the University University Law Center on May 25, but it is unlikely that it will provide a lot of insight into politics.
Correlation of cryptographic stocks in the stream
Divergent reactions to Moody’s reduction have established a scene of the debate on the correlation of cryptocurrencies with US actions.
In its latest analysis, the research company Santiment could not draw a clear conclusion in connection with the accounts of two classes of assets, calling them “slightly correlated”.
“With a 90-day tariff pause between the USA and China on Monday, the markets remain in a striking distance from the highest all time”, summed up on May 17, referring to S&P 500, Bitcoin and Gold.
Separate arrangements from the Blockchain Data Supplier Redstone ORACLES caused a distinction between long -term and compact -term correlation.
Although negative during the seven-day seven-day, said CointeLgraph, a 30-day perspective provides a “valuable correlation” between Bitcoin and S&P 500.
Meanwhile, market participants issued frustration related to the susceptibility of cryptocurrencies to the same liberators of variability affecting supplies.
“It was much more pleasant when BTC traded independently of the action,” commentator he said X followers on May 19.
“It seems that now it is only a way to exchange Futures for shares at the weekend and reflect what the $ spy does during the week.”
Volume Delta warns over “TOP on the local market”
Considering what Bitcoin may be introduced back to Price Discovery, the modern analysis concerned the preservation of Exchange Order-Book.
Related: Bitcoin reaching $ 220,000 “reasonable” in 2025
In particular, Binance was under a microscope as an exchange with the largest point volumes. Volume Delta, Onchain Analytics Platform, said Cryptoquant, is a key component of enduring price movements.
“After the recent correction of the Delta Volume Volume On Binance market, it became positive again,” wrote Darkfost’s collaborator in “Rapid“Blog post on May 18.
“Signals are that buying activity is collected in point markets, but more importantly, that the pressure for sale has dropped significantly, even when BTC trade above 100,000 USD. However, historically, when the point volume on binance grows too quickly and too sharply, it often coincided with local market tops.”
Delta Tom measures the difference in buying and sales on candles, helping to assess the strength of the auction and ask the pages.
Cryptochan suggests that investors who cast caution at the wind around the pimples contribute to unbalanced price jumps, and the monitoring of Delta helps to avoid adverse market entries.
“Instead of being a warning sign, growing numbers of points at the moment would be encouraging to market force,” Darkfost continued.
“Tracking point volumes can ensure valuable insight into investors’ behavior, especially in Binance, which deals with the largest part of global trade.”
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
