📈 Bitcoin Analysis – May 2025
Bitcoin is currently fluctuating around $106,000, after touching $109,000 in January. The upward momentum is supported by increasing institutional interest and positive regulatory developments, such as the U.S. Senate passing a stablecoin regulation bill.
🔥Potential Buy Points:
💎 $95,000–$96,000: Critical resistance area; breaking through it could pave the way towards $100,000.
💎 $90,000–$92,000: Strong support area; it may present a buying opportunity in case of a price correction.
⚡️Key Support Points:
✨️$89,000: Represents the January 2025 low; breaking it may indicate further decline.
✨️$82,000–$84,000: Historical demand area; it may witness increasing buying interest.
Light-hearted advice: "Don't put all your eggs in one basket, especially if that basket is as volatile as Bitcoin.
