IS BITCOIN ABOUT TO CRASH? My Honest Take – May 12, 2025
Hey fam,
You’ve been asking, so here’s my no-BS take on what’s really going on with Bitcoin right now. $BTC
MONTHLY OUTLOOK: Still Bullish
I still believe BTC is heading for a breakout above $109.9K before it even thinks about retesting the $74.3K zone. Big picture? The uptrend is intact. Zoom out, stay grounded.
WEEKLY CHART: Bulls in Control
Weekly candles look solid. We’re in an uptrend, and the latest close confirms buyers are still in charge. No clear signs of a reversal. I’m holding my $BTC and watching for a pullback before stacking more.
MARKET STRUCTURE: Not a Triple Top
Worried about a triple top? I’m not. There’s no real bearish rejection, candles are still closing strong, and $91K hasn’t broken. The structure looks clean and bullish.
DAILY ZONE: Eyes on $106K–$109K
That’s the next resistance zone. If we break and close above $110.5K, I’ll add to my position using limit orders. Until then, I’m holding with partial profits already locked in from $104K.
My Current Play:
Entry: $98K
Partial profits: $104K
Still holding the rest
Not buying more yet—waiting for confirmation
Conclusion:
Still bullish. Still watching. No crash signals yet.
If we get rejected at $106K–$109K, I’ll drop an update fast.
If this helped, like it, share it, and hit my bio for more market updates. Let’s trade smart.
#Bitcoin #BTC #CryptoUpdate #TradeSmart #CryptoStrategy #BullishVibes