Bitcoin consolidates near $108,800 levels as traders await breakout signals

Bitcoin price today, Tuesday, May 27, 2025: The crypto markets have been exhibiting a blend of optimism and caution. The flagship currency, Bitcoin (BTC), briefly reclaimed the $110,000 mark before seeing some profit-taking at higher levels; however, it has failed to hold and slipped below the $109,000 level. Market analysts suggest that the current consolidation of Bitcoin is short-term as investors are awaiting decisive breakout or breakdown signals.