Current Price: $105,568
24h High / Low: $106,705 / $102,411
24h Change: +2.88%
Market Sentiment: Bullish, with a Fear & Greed Index at 74 (Greed) Binance+2Binance+2Binance+2
🔍 Key Technical Indicators
Relative Strength Index (RSI): 67.15 – approaching overbought territory but still within a healthy range for continued growth.
Support Levels: $103,000 / $101,500
Resistance Levels: $107,000 / $110,000BinanceBinance
📈 Short-Term Price Predictions
DatePredicted PriceDaily ChangeMay 20$109,874+5.07%May 21$114,979+9.95%May 22$121,942+16.61%May 23$128,685+23.06%
These projections suggest a steady upward trend, with a potential return on investment (ROI) of 23.06% by May 23, 2025, for investors entering the market today. Binance
⚠️ Potential Risks
Analysts have identified a bearish divergence on $BTC 's daily chart, which could dampen hopes for the cryptocurrency to reach a new all-time high this week. Binance
✅ Summary
$BTC is exhibiting strong bullish momentum, with technical indicators supporting continued growth in the short term. However, traders should remain cautious of potential bearish divergences that could signal a price correction. Monitoring key support and resistance levels will be crucial for navigating the market effectively.