Quick Analysis of BTC (Updated 23/5/2025)
D1 Frame:
• BTC has established a new ATH near 112k, buying pressure remains very strong, and it is highly likely to continue reaching new highs.
• Support: 110k – 109k – 107k
• Resistance: 112k (currently testing) – 115k
D4 Frame:
• Clear upward wave, green candles dominate. Expected to continue rising.
• Any corrective movements, if they occur, are only technical and for accumulation purposes.
W Frame:
• Moving actively around the 111kxxx area, in line with the medium-term upward trend.
• However, this is a week of technical crossover, and a reversal candle may appear.
• Need to set stop loss properly and manage capital strictly.
General Assessment:
• BTC is still in an upward trend. This week has moved from 102k → 111k, and it is likely to continue rising next week.
• There may be a slight corrective movement – an opportunity for large capital to gather better assets.
• After the correction, altcoins are likely to enter a phase of “strong flight.”
📌 Note:
• Closely monitor the price range of 112k – 115k.
Support: 110k – 109k – 107k: (for buying)
• Always set Stl to limit risk when the market fluctuates.
This is a personal assessment and not investment advice.
Crypto God