BTC bulls get 'biggest signal' — 5 things to know in Bitcoin this week

May 12 2025 bitcoin


Bitcoin is on the cusp of repeating its October 2024 breakout, onchain technicals suggest, as a new week begins with a push to near $106,000.

Bitcoin (BTC) launches into US CPI week with new multimonth highs as traders dig in for volatility.

BTC price action is giving increasingly bullish signals, joined by a key cross on the weekly MACD indicator.

The weekly close fell just short of expectations, raising doubts over whether price discovery will return in the immediate future.

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