See the Complete Picture.
Published loading...Updated

Bitcoin Price Levels to Watch as ‘Bear Flag’ Breakdown Targets $97K

  • Bitcoin recently reached a new all-time high above $111,000 before declining below $104,000 amid a market correction in late May 2025.
  • This drop followed a market cool-off triggered by macro-economic pressures, US-China trade tensions, and a negative net inflow in Bitcoin spot ETFs on May 29.
  • Bitcoin's price pattern since April includes a $10,000 surge followed by days of consolidation, but recent prices fell below this zone with daily volume decreasing by 2.24%.
  • Crypto analyst Daan Crypto stated on May 30 that Bitcoin must close decisively above $106,000 to halt the decline, while some analysts expect targets near $100,000 to $102,000 amid bearish signals.
  • The current trends suggest Bitcoin could face further correction in the coming weeks, but evidence indicates a potential rebound if prices retest the $100,000 region and regain key levels.
Insights by Ground AI
Does this summary seem wrong?
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

17 Articles

All
Left
Center
Right
CointelegraphCointelegraph
Reposted by
Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap

Bitcoin price levels to watch as ‘bear flag’ breakdown targets $97K

Bitcoin price could drop toward $97,000 as classic bearish continuation pattern emerges.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

MaxBit broke the news in on Saturday, May 31, 2025.
Sources are mostly out of (0)