Analysis $BTC 05/20/2025

#BTC , we had a great daily closing yesterday and today we did a good retest in the $105K region, notice the difference from the false movement over the weekend, where the buying candle reached up to $106K but in the retest the selling candle closed practically in the $102K region (invalidating the entire upward movement), now see the movement from yesterday and today, where the selling candle cannot close at $104K and closes in the orange range which is now our support and the region where the BULLS must defend at all costs.

As I said yesterday: This is the true movement, and it has shown that it is indeed true, as there was a great acceptance above $95K.

We are less than 3% away from a new ATH, it’s unbelievable the strength this has had in reclaiming such a high point, we are about to make history again, it’s incredible.

The BEARS are accumulating large sell orders in the current region in an attempt to stop the price, but it’s surprising the number of BEARS that went straight to $110K and are already starting to form a sell barrier there.

Yes, I know we are too stretched and that we haven’t cooled off enough, but I will say here what I said last week: THIS is still not an imminent problem, and we have been worse and continued higher, we can still reach a new ATH until things have to happen.

A new ATH here will make the money circulate quickly, and you will understand why I have been saying all this time to invest in good Altcoins. IF YOU KNOW, YOU KNOW!

The big buyers HAVE MOVED a little to $101K/103K but most still haven’t made major movements of their orders and prefer to stay below $100K, the spot buyers are leading here, this is good!

The same thinking here:

Let’s make $105K a new (strong) support and attack the ATH.

I am particularly interested in the next two weeks, we might have a rotation happening and this could finally give us a good relief in Altcoins.