As of 7:18 AM PKT on May 23, 2025, Bitcoin (BTC) is trading at approximately $111,403.
it is analysis of next 5 hours of Bitcoin
Short-Term Outlook:
Resistance Levels: Bitcoin faces resistance around $112,000 and $114,000. A break above these levels could signal a continuation of the bullish trend.
Support Levels: Key support is at $110,000. A drop below this could lead to further declines towards $108,000.
Market Sentiment: Technical indicators suggest a bullish sentiment, with increasing buy-side pressure.
Potential Scenarios:
Bullish Scenario: If Bitcoin maintains momentum above $110,500, it could test the $113,000–$114,000 range.
Bearish Scenario: A decline below $110,000 may lead to a retest of lower support levels around $108,000.
Invest at you own risk it is only a analysis.