BTC Intraday Update – 23 May 2025
Bitcoin is trading near $109,160, showing strong momentum after recent gains. Price is testing important resistance levels.
Key levels to watch:
Support: $108,200 – $107,500
Resistance: $109,500 – $110,000
Upside Target: $111,000+ if bulls maintain control
Bullish Window (U.S. Eastern Time):
Expect favorable buying conditions between 5:00 PM – 6:30 PM ET. This period could offer good opportunities if momentum holds.
Market Insight:
Volatility is expected around current levels. Wait for clear price action signals before entering. Avoid chasing the move to reduce risk.
Trade Tip: Consider longs on a confirmed break above $109,500 with strong volume. Watch for pullbacks to support for safer entries.
