📊 #BTC Market Analysis – 30 May 2025
#PriceOutlook:
BTC is currently trading around $104,000, down 1.5% on the day. After a strong bullish rally in May, price is now facing resistance and showing signs of short-term consolidation or correction.
#TechnicalLevels:
🔸 Immediate Support: $100,000 (psychological + minor structure support)
🔸 Strong Support Zone: $92,000–$94,000
🔸 Resistance Zone: $110,000–$112,000
🔸 RSI (1D): Near 60 – cooling off from overbought zone
🔸 Volume: Slight decrease, suggesting reduced buying momentum
#PriceStructure:
• After a breakout in early May, BTC made a higher high.
• Now it's forming a potential local top, and retracement to support zones is possible before the next leg up.
• The uptrend remains intact as long as price stays above $92K–94K zone.
#NextCatalysts:
🔹 US Jobs Report (NFP) – June 7
🔹 FOMC Meeting – June 12
🔹 Bitcoin ETF inflow updates – Strong impact expected
🔹 Whale Activity Watch: Some profit-booking detected around $105K+
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🚀 Conclusion:
BTC is bullish long-term, but short-term a pullback is likely. Keep an eye on $100K support and $110K resistance for key trade setups.
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