$BTC surged 14% in May, shrugging off global tariff tensions. This signals investors are eyeing Bitcoin as a hedge against stock market volatility.
RSI above 58 indicates the bull run has legs, with potential for a parabolic move within 6-12 months.
The trend mirrors past cycles, but a more mature market means BTC consolidates rather than spiking wildly.
Key Levels:
Resistance (Monthly): $110,000
Support: $74,000
12-Month Target: $150K-$250K
Note: Monthly charts guide long-term trends. Corrections may occur, but the outlook remains a bullish reversal.
#Bitcoin #BTC #CryptoMarket #BullRun $BTC 