📉 $BTC : Breakout or Fakeout? 🧠🔥

Hey, crypto fam! 🚀 Today, May 29, 2025, Bitcoin ($BTC) is in a critical zone. After reaching an all-time high of $112,000 on May 22, it is currently trading around $108,441, showing a slight decline of 0.5% in the last 24 hours.

🔍 Technical Analysis:

Key support: $106,800 – $107,300. This zone has proven to be a strong floor, with significant rebounds in recent sessions.

Immediate resistance: $110,000. A convincing breakout above this level could pave the way for new highs.

Mixed indicators: The RSI remains in neutral territory, while the MACD shows signs of consolidation, indicating indecision in the market.

🐋 Whale Movement:

Whales have begun a distribution phase, suggesting a possible profit-taking at these levels.

🎯 Conclusion:

The market is at a turning point. A breakout above $110K with volume could lead us to new highs, while a drop below $106.8K could indicate a deeper correction.

💬 What do you think? Are we looking at a real breakout or a bear trap? Share your analysis and tag your trading crew! 🚀

#BTC #Bitcoin