Below is the technical analysis of Bitcoin (BTC) on the 1-hour (1H) timeframe as of May 24, 2025, along with a proposed short-term trading strategy:
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📊 Current Market Situation
Bitcoin is trading around $107,860, down slightly 2.39% in the last 24 hours. The highest of the day is $111,258 and the lowest is $107,160. 
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🔍 Technical Analysis on the 1H Timeframe
• Overall Trend: BTC is maintaining a strong upward trend on the 1H timeframe, with important support at $103,563. 
• Short-term Resistance: The level of $106,152 is the first bullish target; if surpassed, the upward momentum could be reinforced. 
• Next Target: The next resistance levels are identified at $109,000, $110,500, and the ultimate target above $111,500. 
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📈 Recommended Trading Strategy (1H timeframe)
✅ Buy Orders (Long):
• Entry Point: $107,500 – $108,000
• Take Profit (TP):
• TP1: $109,000
• TP2: $110,500 
• TP3: $111,500 
• Stop Loss (SL): $106,000 
⚠️ Note:
• If BTC fails to hold above $106,000, a deeper correction may occur towards the strong support area at $103,500. 
• High trading volume and technical indicators such as RSI and MACD should be monitored to confirm the trend.
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🧠 Conclusion
BTC is in an upward trend on the 1H timeframe, with important resistance levels to watch. The trading strategy should focus on buy orders when the price retraces to the support area, with take profit targets at the identified resistance levels. However, risk management should be tight, and market signals should be monitored to adjust the strategy promptly.