Comprehensive Analysis of Bitcoin (BTC) – May 2025
Current Price:
96,954.74 US Dollars
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First: The Political and Economic Situation
Global markets are witnessing decisive developments that support the positive outlook for Bitcoin, especially with the increasing tendency of governments and major financial institutions to adopt digital currencies as part of their hedging strategies and asset diversification.
Among the most prominent developments:
• Increasing government support for digital currencies as strategic assets.
• Major investment banks are moving towards offering crypto trading services to their clients.
• Ongoing global anxiety due to geopolitical threats and climate risks, pushing investors towards Bitcoin as a safe haven.
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Second: Technical Analysis
General Trend:
Bitcoin is on an upward trajectory in the short and medium term, with noticeable buying momentum and stability above key moving averages (MA 7 – MA 25 – MA 99).
Support and Resistance:
• Current support: $96,200 – $95,100
• Closest resistance: $97,300 – $98,000
• If the next resistance is broken, the target level of $100,000 is expected soon.
Technical Indicators:
• The RSI indicator suggests sustained buying strength without reaching overbought levels, supporting the likelihood of continued rise.
• Trading volumes are rising, enhancing the credibility of the current price movement.
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Third: Future Outlook
Short and medium-term forecasts indicate the continuation of positive momentum. If current conditions persist, Bitcoin is likely to break new historical levels, driven by institutional demand and the global shift towards digital assets.
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Do you think Bitcoin will reach $100,000 this month? Share your predictions.
