Bitcoin’s price experienced a brief dip below $103,000 on Saturday, May 17th, 2025, before rebounding to settle above this level. This fluctuation comes as markets experience overall volatility. Analysts note the recovery beyond $103,000 suggests strong market support for Bitcoin. However, resistance remains near $104,900 after a recent break from a descending triangle pattern on the 4-hour chart. Bitfinex analysts suggest favorable macroeconomic conditions could sustain this bullish outlook and mitigate short-term dips. While market experts report temporary pauses in institutional inflows impacting momentum, Bitcoin’s dominance in the crypto market continues to grow. This price stability and its potential for further growth are being closely watched by market participants.