Bitcoin Price on the Brink: Traders Divided Over Bull Market’s Fate

After a 4% drop at the opening of Wall Street on May 19th, Bitcoin price (BTC) experienced a surge, reaching $105,000. This renewed rise has sparked debate amongst traders about the future trajectory of the crypto market. 2.5% gains were recorded on the day’s chart. Analysts are divided, with some predicting the end of the current bull run. 1-hour and 1-week charts show volatility as prices bounced back from lows. This week, key levels such as $106,000, $104,500, and $102,000 are being closely monitored.