Bitcoin Dips to $102.4k Ahead of US PPI Data; $103M BTC Transfer Raises Concerns
Key Takeaways
- Bitcoin price slipped to $102.4k before the release of US PPI inflation data.
- A major crypto exchange saw a $103M Bitcoin transfer; $340M BTC/SOL concern reported.
- Bitcoin momentum indicator flashes green, supporting $140K-$200K price target predictions.
- Bitcoin might be forming a double top pattern similar to 2021.
- Altcoin Season in June could drain Bitcoin’s $2T market capitalization.
Top Stories
Bitcoin price slipped to $102.4k before US PPI data.
On May 15, 2025, Ayushman Ojha reported that Bitcoin's price decreased to $102.4k in anticipation of the US PPI inflation data release.
$103M Bitcoin transfer & $340M BTC/SOL concern on US exchange.
On May 14, 2025, a major crypto exchange experienced a $103 million Bitcoin transfer. Separately, a report highlighted concerns regarding $340 million in Bitcoin and SOL on a major US exchange.
Bitcoin momentum indicator flashes green; $140K-$200K price target.
On May 14, 2025, reports indicated that a proven Bitcoin momentum indicator is flashing green. This supports analysts' price predictions of Bitcoin reaching $140K-$200K.
Bitcoin may be headed towards a 2021-like double top.
On May 14, 2025, it was reported that Bitcoin might be forming a double top pattern similar to that of 2021.
Altcoin Season could heat up in June, drain Bitcoin's marketcap.
On May 15, 2025, an analyst suggested that Altcoin Season could intensify in June 2025. This could potentially draw away from Bitcoin’s $2T market capitalization.
Investment Insights
Jim Chanos reportedly buying Bitcoin and shorting strategy.
New FT documentary reveals Saylor’s Strategy’s Big Bitcoin Secret.
Market Pulse
Scaramucci: Crypto on cusp of asset class if BTC hits $500K.
On May 14, 2025, Scaramucci stated that crypto is on the verge of becoming a recognized asset class, contingent on Bitcoin reaching a price of $500,000.
Analyst: Bitcoin is the first new macro asset in 150 years.
Pantera Capital's Dan Morehead optimistic about Bitcoin's long-term potential.
Price Watch
100x Bitcoin liquidation occurred in 4 hours.
U.Today reported on May 14, 2025, about a 100x Bitcoin (BTC) liquidation event that transpired within a 4-hour period.
Bitcoin and ether face resistance, potential corrections anticipated.
On May 15, 2025, Bitcoin and ether encountered resistance after reaching significant price levels. Analysts anticipate potential price corrections.