Bitcoin (BTC) is Taking a Breather After Recent Rally, Hovering Above the $100,000 Mark.

Bitcoin is still trading past $100,000, but it isn't exactly charging ahead. It's down around 1% since yesterday and has been pretty flat compared to last week.

Bitcoin (BTC) is taking a breather after its recent rally, with the coin now trading slightly above the $102,000 mark.

Whether this is just a pit stop before the next leg up – or a sign that things are slowing down – is the big question on everyone’s mind.

However, if Bitcoin reaches a new all-time high before the end of May, holders of BTC Bull Token stand to benefit, as the project will release Bitcoin airdrops when BTC records new price milestones.

Bitcoin Price Update – Is BTC Preparing for Another Breakout?

Bitcoin is still trading past $100,000, but it isn’t exactly charging ahead.

The coin is down around 1% since yesterday and has been pretty flat compared to last week.

That might not sound too exciting – until you zoom out and realize BTC is still up 20% from where it was in April.

The coin’s market cap is above $2 trillion, with over $65 billion in spot trading volume in the last 24 hours.

Open interest is also hefty, topping $31 billion.

On social media, most traders remain firmly in the bullish camp.

Positivity is everywhere, with investors talking about how Bitcoin looks primed to explode once more.

But not everyone is predicting a short-term rally.

There’s chatter about a possible pullback or at least a retest of the $100,000 level as support.

Bitcoin hasn’t returned to $100,000 since it broke through on May 9, meaning that key level hasn’t been tested in this higher price zone.

Will Bitcoin Hit a New All-Time High This Month?

Can Bitcoin reach a new all-time high before the month is out.

The clock is ticking – there are only 13 days left in May, and Bitcoin sits just over 6% below that January peak of $109,114.

And if we see another dip to $100,000, that gap jumps to 9%.

Still, with how quickly things move in crypto, writing off the chance of another all-time high would be premature.

Plenty of traders are betting it can happen.

#Bitcoin High Volume BREAKOUT ?$BTC $116,000 see you soon ? https://t.co/IeMag28Sts pic.twitter.com/X0mQeUagxk

— Trader Tardigrade (@TATrader_Alan) May 19, 2025

Take Trader Tardigrade, who told his 74,000+ X followers about a “high volume breakout” and even tossed out a casual “see you soon” to the $116,000 level.

There’s also serious muscle behind the recent bullish price action – institutions have pumped $2.6 billion into spot BTC ETFs this month alone, with total assets now above $122 billion.

Bitcoin’s market dominance is still high, on-chain metrics look strong, and even crypto whales are accumulating.

With all that in mind, another ATH this month is definitely on the table.

Why New Meme Coin BTCBULL Could Explode on the Next Bitcoin ATH

BTC Bull Token could benefit massively if Bitcoin does reach a new all-time high soon.

This new meme coin is built from the ground up to track Bitcoin’s bullish action and reward holders as BTC climbs higher.

Right now, BTCBULL is still in presale, having already raised $5.9 million in early funding. Tokens are currently on offer for just $0.00252 each.

But since BTCBULL’s presale is being conducted in stages, that price will rise every few days, meaning early buyers get the best rates.

BTC Bull Token’s main selling point is that it distributes real Bitcoin to holders at key price levels – $150,000, $200,000, and $250,000.

There’s also a built-in supply burn at three other levels, creating scarcity that could boost BTCBULL’s price. BTCBULL can even be staked for an APY of 69%.

This mix of rewards, scarcity, and staking has 99Bitcoins analysts calling it a “10x to 100x gem.”

They also noted how popular ranking sites – like CoinSniper – have given BTCBULL positive reviews.

So, if Bitcoin does break through to a new all-time high this month, don't be shocked if BTC Bull Token is the next meme coin everyone’s chasing.