According to @CryptoMichNL, Bitcoin experienced a clear rejection at resistance levels, indicating traders may see lower prices in the short term before any significant upward momentum develops (source: Twitter/@CryptoMichNL). This rejection suggests a potential bearish phase and highlights increased volatility, which could impact altcoin markets and trading strategies. Traders are advised to monitor support levels closely and adjust their risk management accordingly as the market may test lower price zones before a new rally emerges.

According to @RhythmicAnalyst, Bitcoin's breakout attempt was rejected today, increasing the likelihood of a price correction rather than a move to a new all-time high. This development is critical for traders, as it suggests a potential shift in market sentiment and short-term downside risk for BTC. Monitoring support levels and trading volumes is essential for informed decision-making in the current environment (Source: @RhythmicAnalyst on Twitter, May 18, 2025).