BITCOIN BULL RUN ALERT! ๐๐๐
As of 3:00 PM CEST today, May 18, 2025, $BTC is on fire, surging to $105,000 and kicking off a red-hot bull run! The momentum is electric, and the crypto world is buzzing! Are we at the start of the next massive rally? Letโs break it down!
Weekly Analysis for Bitcoin (May 19โ25, 2025):
With Bitcoin now at $105,000, hereโs a detailed look at what could unfold next week based on current market dynamics:
Technical Indicators: BTC has broken through the $100Kโ$103K resistance zone with strong volume, confirming a bullish trend. The MACD on the daily chart shows a strong bullish crossover, and the RSI is at ~72, indicating robust momentum but approaching overbought territory, which could signal a short-term pullback. Support is now solid at $100Kโ$103K, with resistance looming at $110Kโ$115K. A breakout above $110K could spark the next leg up.
On-Chain Data: Whale accumulation continues, with significant BTC moving off exchanges, reducing available supply and supporting higher prices. On-chain transaction volumes are up, and the hash rate remains strong, signaling network confidence.
Macro Factors: Global liquidity is favorable, with a weaker dollar (DXY down 1.2% this week) and expectations of U.S. rate cuts creating a risk-on environment. However, upcoming U.S. CPI data on May 21 could introduce volatility if inflation surprises to the upside. Potential U.S. tariff policies under discussion could also impact risk assets, including BTC.
Price Prediction: If the bullish momentum holds, BTC could test $110Kโ$115K by mid-week, with a stretch target of $120K if it clears resistance. A short-term correction to $100Kโ$102K is possible if overbought signals (RSI >75) trigger profit-taking. However, the overall trend remains bullish, supported by institutional demand and reduced supply.
What do YOU think? How high can Bitcoin soar this week? $120K? $150K? Or is a dip coming? Drop your predictions and thoughts in the comments below! Letโs hear your take on this epic run!
#Bitcoin #BTCRun #CryptoBull
