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Bitcoin Nears Crossroads: Momentum Wanes, Critics Rise, and McGregor Enters the Ring

Bitcoin's momentum cools after a massive rally, but analysts remain optimistic. Meanwhile, Ethereum bulls stay hopeful, Michael Saylor rejects proof-of-reserves, and Conor McGregor shakes up the decentralization debate.

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Joe G & Money Talks
May 27, 2025 • Estimated Reading Time: 8 minutes

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BTC Hits $112K Then Stalls — Traders Still See $150K Path

Bitcoin surged 50% since April, topping at $111,970 before dipping to $109K. RSI dropped from 79.6 to 67, signaling "easing momentum," according to Glassnode.

  • RSI pullback = consolidation zone.

  • Perpetual CVD plunged 43%, hinting at growing sell pressure.

  • Analyst AlphaBTC: "Still holding $106K. Price discovery phase intact."

"If BTC repeats its early 2024 structure, we're heading to $150K," said Rekt Capital.

Saylor Sparks Controversy Rejecting Proof of Reserves

Michael Saylor claims public proof-of-reserves for institutions is a security risk. Critics say he’s avoiding transparency.

  • WhalePanda: "This is a red flag. BTC is built on transparency."

  • Concerns over Strategy's actual BTC holdings resurface.

  • Refusal fuels speculation. Strategy holds paper BTC.

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