$BTC
In May 2025, Bitcoin ($BTC) is trading around the $101,000 level after previously surpassing $105,000, influenced by trade developments between America and China.
Key Points:
Current Support: $100,000
Potential Resistance: $107,000
Technical Indicators: Indicate overbought conditions, which may lead to a near-term correction.
Short-Term Forecast: Potential rise towards $114,000
Long-Term Forecast: Some analysts expect $250,000 by the end of 2025.
Confidence from major investors, such as Strategy's purchase of 13,390 BTC, reinforces the long-term positive outlook, but geopolitical volatility remains a significant factor.