Since April 9, bitcoin has climbed about 38%,
advancing from around $75,000 to $104,000 as trade tensions eased and major market
participants deployed capital.

This rally can be described as a classic stair-
step pattern: Initial bullish impulses are
followed by periods of consolidation, which set the stage for the next upward move.

The initial increase from $75,000
encountered range-bound trading between
$83,000 and $85,000. The subsequent step
higher faced consolidation between $92,000
and $96,000.

Similarly, since May 10, prices have oscillated mainly between $101,000 and $105,000.
Now BTC bulls face a $120 million resistance challenge as they look to
extend the classic "stair-step" uptrend, or
periodic controlled move higher.

🚨🚨 Twitter Founder Jack Dorsey Supports idea of #Bitcoin 💰 "stock split" from 21 million to 2.1 quadrillion.

💰 JPMorgan says #Bitcoin likely to have more upside than gold in the second half of 2025 🚀

💰 $5 trillion asset manager Fidelity says "#Bitcoin may see another all-time high before the end of this cycle."

Elon Musk trolls Tim Walz for celebrating Tesla's stock price drop last month.

Tesla's stock price has since increased by 55%.

Ethereum gas fees drop to just $0.09.

Ethereum stablecoin volume reached a new all-time high in April, hitting $908 billion, as institutions, tech giants, and Trump jumped in.

$BTC Liquidation Map showing a large cluster sitting at $93k and $110k which also acts as a support and resistance for the price to move.

Keep an eye on this local range and wait for a breakout.