#BinancePizzaVN $BTC

Bitcoin (BTC) price today, Saturday, May 24, 2025:

🔹 Current price and performance

Bitcoin is currently trading at around $108,317, recording a decrease of -2.72% over the last 24 hours.

This decline comes after Bitcoin reached its all-time high of $111,900 earlier this week, driven by institutional demand and regulatory easing.

📊 Technical analysis

General trend: The bullish trend remains dominant in the short term, with the price trading above key support levels.

Support levels: The main support is at $106,000, followed by a secondary support level at $102,000.

Resistance levels: The next resistance is estimated at $111,000, and if successfully breached, the price may target $120,000.

Technical indicators: Moving averages and momentum indicators point to strong buy signals, supporting the likelihood of continued upward trend.

🧠 Influencing factors

Increased interest from major financial institutions strengthens market power.

Concerns regarding U.S. debt drive investors toward digital assets as a safe haven.

🔮 Future predictions

If the current momentum continues and the price successfully breaks the resistance at $111,000, we may see a rise towards $120,000 in the coming weeks. However, support levels should be monitored, as breaking them could lead to a drop to $97,000.