Analysis $BTC 28/05/2025

#BTC , it has been 2 days since I posted the last update of the chart and we have made significant movements, we moved from $107K to $110,700 and here we are again at $107K. I could mention several craziness that happened today to push us down, from Trump with the CHIPs/China madness to CZ and his enigmatic message which was understood by most to refer to Saylor, when in fact everyone who has their medicine in order knows that Saylor has hands of DIAMONDS.

Anyway, it doesn't matter... for one reason or another, the price has once again reached this support at $107K and this area is of extreme importance for both sides, bulls and bears. These last 4 hours will be essential for the BULLS, as they cannot allow the price to work below the orange range, or we will have problems, and we will start talking about $105K.

If it becomes clear that this is just another touch in the consolidation box, then we will see Altcoins soaring as soon as BTC recovers $108K. For it is evident the strength they are demonstrating today with total2 dropping only -1.75 while BTC is down -1.71%, of course, ETH/BTC is the factor behind this.

We have had some large buy orders coming in at $105K, it is still not a support as strong as we would like, but in any case, I hope that buyers show up if the price comes below $107K.

The RSI is improving rapidly in 4h, a little more time and we will have a perfect setup to go to $112K.

Zero surprise with the price coming back to $107K, especially after today's craziness, anyway, it still looks good and the thought is the same here:

...This week we will attack $112K and above that we will turn off easy mode, which will be quite interesting.

Keep an eye on tomorrow's economic data.

I remain extremely OPTIMISTIC about #altcoin!