According to Dean 利迪恩 (@deanmlittle) on Twitter, Bitcoin is currently attracting significant attention from traders as it tests crucial price levels that could define market direction in 2025. The tweet highlights Bitcoin's present momentum and the importance of closely monitoring support around $60,000 and resistance near $68,000 for potential breakout or pullback opportunities. Traders are advised to watch for rising trading volumes, as volatility could increase with macroeconomic developments and institutional inflows that impact broader crypto market sentiment (Source: @deanmlittle, May 12, 2025).

According to Trader Tardigrade, Bitcoin ($BTC) is attempting to invalidate a traditionally bearish rising wedge chart pattern, a development that could signal momentum for further upside if confirmed. The rising wedge pattern, often associated with price reversals or corrections, has been a focal point for traders anticipating short-term volatility. If Bitcoin manages to break above the upper resistance zone, this technical move could trigger bullish sentiment and increased buying activity in the cryptocurrency market. Traders are closely monitoring volume and resistance levels for confirmation, as a successful breakout may impact altcoin movements and broader crypto market trends. Source: Trader Tardigrade (@TATrader_Alan) on Twitter, May 12, 2025.