From Cointelegraph

May 23, 2025 2:07:00 pm:

Bitcoin slipped below $109,588, but traders are buying each dip. Altcoins turned down from resistance levels. US Bitcoin ETFs see inflows of $934 million on May 22 and $608 million on May 21. All-time high led to $1 billion profit-taking volume. Veteran trader predicts Bitcoin to hit $125,000 – $150,000 by August. Bitcoin futures open interest rises to $80 billion. Watch for critical support levels for Bitcoin and altcoins. Bitcoin price may drop to $103,652 or soar to $130,000. Ether turned down from $2,738 resistance, support at $2,388. XRP stuck in $2.65 to $2 range, watch for breakout. BNB drops from $693 resistance, support at $647. Solana faces strong challenge at $185, support at $167. Dogecoin turns down from $0.26 resistance, support at $0.21. Cardano bounces off inverse head-and-shoulders pattern, watch for $0.86 resistance. Sui fails to break $4.25 resistance, may drop to $3.09. Hyperliquid breaks above $28.50 resistance, watch for $42.25 target. Chainlink struggles to maintain momentum above descending channel pattern. Key points: Bitcoin below $109,588, altcoins down from resistance, US Bitcoin ETFs see inflows, profit-taking volume at $1 billion, Bitcoin predicted to hit $125,000 – $150,000, Bitcoin futures open interest rises to $80 billion.

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