Bitcoin's BTC upward trend continued to show signs of weakness early Wednesday, even as Wall Street tech stocks surged overnight in anticipation of upbeat earnings from AI giant Nvidia (NVDA).The leading cryptocurrency by market value traded near $108,900 at press time, teasing a downside break of a trendline characterizing the uptrend from early April lows, according to data source Coingecko.Bullish trendlines indicate areas of strong demand, thus a move below one is generally seen as a sign of a potential reversal and a possible start of a downward move.Prices have not been able to make significant gains this week despite a flurry of positive news, including stablecoin issuer Circle's plans to file for an IPO and Trump Media's plans to raise $2
source: https://www.coindesk.com/markets/2025/05/28/bitcoin-uptrend-at-risk-ahead-of-nvda-earnings-fed-minutes-xrp-holds-key-support-amid-xrpfi-narrative