Analysis $BTC 12/05/2025
#BTC , we finally hit our main target, which was $105K. This region is crucial for both sides and, obviously, we would expect some reaction from the BEARS there; we are doing well.
Many delayed LONGs were hunted today, but there are still some left. In any case, I would still prefer that we go down to $98K before we continue to $106K again. Notice that the RSI improved significantly when we returned to $100,800.00; this is very good!
We had a great WEEKLY close yesterday, and that put us in a formidable position. Of course, most people do not bother to look at the chart. Notice that we had a weekly candle of +12% in Bitcoin, one of the largest in history, but still, people do not realize this and focus on a RECENTLY OPENED candle of -4%, madness.
I am EXTREMELY interested in the next move of BTC. As long as it stays above $98K, we should see the #altcoin have a surprising performance, obviously outperforming Bitcoin.
Now is the time you want to be in leading sector altcoins: AI, RWA, DEPIN.
Tomorrow we will have important data that will determine our direction; however, I believe that $98K is a good support for any potential issues, and obviously, we should attack the orange range just above again this week.
Stay above $98K and send this to $108K!
I am extremely optimistic about Altcoins!