$BTC Daily Bitcoin trades 📈 | May 20, 2025
Current price:
$104,800 (+0.9% from yesterday)
Today's trading range:
From $102,010 (strong support) to $107,070 (temporary resistance)
Key factors:
- US inflation down to 2.3% (supports the rise).
- Inflow of new money in futures (+$68.57 billion)
Critical levels:
- Major resistance: $109,000 (key for continued rise).
- Immediate support: $101,775 (losing it warns of a correction towards $94,473)
- Technical signals:
- RSI index at 64.12 (room to rise before peak).
- Bullish crossover in MACD (positive momentum).
Summary:
Bitcoin is stable with upward tendencies, but **$109,000** is the test!
Advice: Watch the price reaction at resistance, and maintain risk management.
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