#TradeLessons

BTC/USDT Analysis – May 13, 2025

Current Price: $102,657.06

24h High / Low: $105,819.45 / $100,718.37

Volume (24h): 31,853.68 BTC / 3.29B USDT

Price Change: -1.26% (pullback after recent highs)

Technical Indicators:

EMA(9): $102,876.55 (green)

EMA(20): $102,841.97 (purple)

RSI(6): 46.09 (neutral/slightly bearish)

Chart Analysis (4H Timeframe): Bitcoin recently hit a local high of $105,819.45 before pulling back to its current price around $102,657. The chart shows a bearish crossover, where the 9-period EMA has dropped below the 20-period EMA, indicating short-term downward momentum.

The price is currently below both EMAs, showing selling pressure. A series of lower highs and red candles confirms a short-term correction phase after the rally from ~$95,784.

Key Observations:

Bearish EMA Crossover: Indicates weakening bullish momentum.

RSI Neutral Zone (46): No strong divergence; still room for both downside and recovery.

Support Level: Around $101,905 – being tested.

Resistance Zone: $104,113 – prior support now flipped.

Support and Resistance:

Immediate Support: $101,905

Major Support Zones: $99,698 and $97,490

Resistance Levels: $104,113 and $105,819

Conclusion: BTC/USDT appears to be in a short-term corrective phase following its push past $105K. The bearish EMA crossover and neutral RSI suggest caution. A breakdown below $101.9K could trigger further downside toward $99.6K or $97.4K. Conversely, if BTC holds this support and climbs back above the EMAs, it may retest $104K and $105K.