#BTCPrediction
In May 2025, the analysis of Bitcoin (BTC) shows mixed signals between bullish momentum and technical pullback, with the price currently trading around $94,000 to $97,000.
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🔍 Technical Overview of Bitcoin – May 2025
Key Levels:
Support: $92,000 (Bollinger Mid Support) and $88,800 (Important Technical Support).
Resistance: $95,000 (Pivot Level) and $100,000 (Psychological Resistance).
Technical Indicators:
MACD: Shifted to bearish signals, indicating weakening bullish momentum.
Relative Strength Index (RSI): Shows overbought signals, which could lead to a price correction.
Ichimoku Cloud: Indicates weakness in momentum on short time frames, suggesting a potential pullback.