Bitcoin Market Trend Analysis 20250515 - Day 606

Yesterday it was mentioned that if a golden cross appears in the 4-hour MACD, the price would continue to surge to $110,000. Currently, this trend has not appeared, so the price will need to decrease for adjustments. Indeed, yesterday unfolded as we predicted, first making a surge followed by a pullback.

According to yesterday's prediction, the price is expected to drop to the 8-hour to 12-hour support levels before rebounding, with current prices at 98920 and 96720.

The trend won't crash; it will be a gradual downward fluctuation, moving down bit by bit, then suddenly dipping before quickly rising again.

Therefore, at the major support levels, it is still a good opportunity for entry.

Daily resistance levels are 106000-110000-120450, and support levels are 98920-96720-94672-92090.