📅 Date: May 22, 2025
📈 Current BTC price: around $111,000
🔍 Technical analysis
Trend: Bitcoin is showing a steady upward trend, forming a sequence of 'Higher Highs' and 'Higher Lows' on the weekly chart.
Support: Key support levels are at $100,000 and $90,000.
Resistance: Strong resistance is expected at $110,000.
Indicators: The formation of a 'golden cross' (the 50-day moving average crossing above the 200-day moving average) suggests a possible continuation of growth.
🧠 Fundamental analysis
Institutional interest: Large investment companies, such as MicroStrategy, continue to increase their positions in Bitcoin, contributing to its price growth.
Regulatory changes: The passage of a stablecoin regulation bill in the U.S. and support for cryptocurrencies from major banks like JPMorgan enhance confidence in the market.
Global events: A reduction in trade tensions between the U.S. and China contributes to a positive investor sentiment.
📊 Forecast for June 2025
Base scenario: If current trends continue, the price of Bitcoin may reach $119,000 by mid-June.
Optimistic scenario: In the event of increased institutional demand and positive news, the price could exceed $120,000.
Pessimistic scenario: With negative news or a market correction, the price could drop to support levels of $100,000 or $90,000.
✅ Conclusion
The current situation in the Bitcoin market indicates a continuation of the upward trend, supported by both technical and fundamental factors. However, investors should be prepared for potential fluctuations and closely monitor key support and resistance levels.
Note: This forecast is based on current data and is not an investment recommendation. Investors should assess risks and make decisions independently.
Do you think the optimistic scenario will come true?😉
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