Bitcoin Breaks Above $107.5K – Is $110K Next?
May 21, 2025 – Bitcoin has surged past the key $107,500 resistance level, marking a significant bullish breakout after days of consolidation below $106,000. As BTC trades around $107,800, strong buying volume and positive technical indicators point toward further upside potential.
Technical Highlights
Trend: Strong Bullish Momentum
Indicators: 4H EMA-20/50 crossover: Bullish
MACD: Upward crossover, positive histogram
RSI: 66 – Bullish but near overbought
Volume: Increasing with price – confirms strength
Structure: Higher highs and higher lows from the $104K bounce
Key Price Levels
Support: $104,200 / $105,800
Resistance: $109,000 / $111,300
Pivot Zone: $107,100 – Validates trend
Trade Setup
Buy Zone: $107,200 – $107,900
Targets:
🎯 Target 1: $109,500
🎯 Target 2: $111,300
🎯 Target 3: $113,800
Stop Loss: Below $105,800
Strategy Tip
Once BTC hits $109.5K, consider moving stop to entry for risk-free trade management. Watch for volume surges to confirm breakout strength above $111K.
Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.