#BTC110KToday? What do you think of the analysis?

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Bitcoin’s May 14–21 Bullish Breakout: Momentum, Support & Resistance
Summary:
From May 14 to 21, 2025, Bitcoin rose strongly with minor pullbacks. It climbed from 10,183.07 to 10,798.05 USDT (Image 1) and from 101,383.07 to 107,985.05 USDT before dipping to 106,445.98 USDT (Image 4). Prices remained above MA(99), confirming strength.
Moving Averages:
* **Image 1:** MA(7)=10,743.20; MA(25)=10,077.71; MA(99)=10,465.83 → bullish crossover.
* **Image 4:** MA(7)=107,036.60; MA(25)=104,127.97; MA(99)=104,642.35 → price & MA7 above slower MAs.
* **Images 2 & 3:** all MAs trending up with short-over-long crossovers.
Bollinger Bands (Image 4):
Upper 108,210.31; Middle 106,383.80; Lower 104,557.29 USDT. Current price (106,445.98) near the middle band indicates consolidation.
Momentum Indicators (Image 2):
RSI & MACD approach overbought, hinting at a short-term pullback if volume falters.
Volume & Volatility:
***Image 1:** volume spike on May 18–19 supports the rally.
***Image 4:** high volume on May 20 at the 107,985.05 peak; recent swings show caution.
* Pullbacks of –1.21% (from 10,798.05) and –0.08% (from 107,985.05) reflect healthy consolidation.
Future Outlook:
***Bullish:** sustained volume and a break above 108,000–108,200 USDT could target 110,000 USDT; breaching the upper BB (108,210.31) would confirm.
***Bearish:** rising sell pressure or fading volume may test support at 10,400–10,500 (Image 1) and 104,500–104,800 USDT (Image 4); overbought metrics favor correction.
Recommendations:
1.**Support:** watch 104,500–104,800 & 10,400–10,500 USDT for bounces.
2. **Resistance:** monitor 108,000–108,200 USDT for breakout strength.
3.**Volume:** ensure volume backs price advances.
4.**Risk:** stay alert to volatility near overbought levels and track market news.
Conclusion:
The trend remains bullish, backed by moving averages and elevated volume, yet minor retracements and overbought readings call for vigilance and disciplined risk management