BTC/USD Price Action Analysis (May 24, 2025)

⏱ Timeframe: 4 hours (4H)

📍 Current Price: $109,047.66

📉 Lowest (Last) Price: $108,780.07

📈 Highest (Last) Price: $109,292.71

📊 Change: +$24.47 (+0.02%)

Overview

The chart shows that Bitcoin (BTC) against the US Dollar (USD) has been on a significant rise since early May, as seen from the strong uptrend during the period from May 7-11. After that, the price tended to move sideways before finally rising sharply again approaching $113,953 (marked as “Lower -> 113953”) before correcting down.

Key Points:

Nearest Resistance: Around $113,953 (pink arrow indicates rejection in this area).

Nearest Support: Around $106,000 and $102,000 (marked with thin horizontal lines in light blue and pink).

Short-Term Trend Direction: Correction from the peak around $113,953 to the $106,000 area, but now there is a potential for a reversal as the price starts to rise again.

Volume & Volatility: Quite active, seen from the large candles going up and down.

Potential Next Scenario

🔼 Bullish:

If the price is able to break back above $110,000 and close the candle above it, then the opportunity to go to the $113,953 resistance will open again.

🔽 Bearish (Down):

If it fails to break through $110,000 and instead falls below $106,000, then the potential for a decline to $102,000 or even to the $98,000 area could occur.

Conclusion

The BTC/USD price is currently in a consolidation phase after experiencing a sharp increase and correction. The $106,000 and $110,000 areas are crucial zones that need to be considered to determine the direction of the next trend. Investors or traders are advised to pay attention to breakouts or breakdowns in these areas before making decisions.

$BTC #BinancePizzaVN #BTCBreaksATH110K #MarketPullback #BinanceAlphaAlert #satoshiNakamato