#BTCPrediction
Bitcoin News, Status, and 12-Hour Strategy (May 21, 2025, 10:00 PM IST)
Current Status: Bitcoin (BTC) is trading around $102,000–$103,000, with a recent high of $106,851 on May 20 and a 4.5% drop to $102,000 on May 19, 2025. It’s up 12.82% weekly, with a market cap of $1.375 trillion. Bitcoin is consolidating between $100,678 and $105,700, with resistance at $106,660 and support at $97,000–$98,500. Technicals suggest a potential breakout above $110,000 or a pullback to $100,000, driven by institutional flows and on-chain metrics showing waning momentum but strong corporate buying.
Recent News: Institutional demand is robust, with $6.9 billion in spot Bitcoin ETF inflows over three weeks and $557 million in investment products last week. Strategy boosted its BTC holdings by 7,390 coins ($764.9 million), totaling 576,230 BTC, though it faces a lawsuit over its strategy’s profitability claims. Japan’s Metaplanet added 1,004 BTC ($129 million),
contributing to a corporate buying trend outpacing miner supply. Texas advanced a Strategic Bitcoin Reserve bill, and a U.S. “No Tax” policy may spur adoption. X posts are bullish, eyeing $107,000 if BTC holds above $100,000.
12-Hour Strategy (until 10:00 AM IST, May 22): Traders should monitor for a breakout above $105,000–$106,660, signaling a potential rally to $107,000–$108,000; enter longs with a stop-loss below $104,500. If BTC drops below $102,000, short toward $100,000 with a stop-loss above $103,500. Scalpers can trade the $102,000–$105,000 range. Watch U.S. CPI data aftermath and ETF inflows for volatility. Long-term investors could accumulate on dips to $98,500–$100,000, given forecasts of $140,000–$250,000 by year-end. Use 1-hour charts, RSI, and Bollinger Bands on TradingView, with alerts at $105,000 and $100,000. Manage risk with 1–2% position sizing due to volatility.
