$BTC Here is an updated technical analysis for Bitcoin (BTC) until the end of May 2025:
💰 Current price
📊 Technical analysis General trend: Upward in the long and medium term, with some fluctuations in the short term. Support levels: Between $94,000 and $100,000.
Resistance levels: Around $112,000, which is the highest historical price achieved recently. Moving averages: The 200-day moving average indicates a strong upward trend, reinforcing positive momentum.
🔍 Market indicators Trading volume: Increased by 41% in the last week, indicating increased market activity.
Institutional flows: Continued inflow of institutional investments, reinforcing price stability in the long term.
Derivatives: Increase in open interest with a slight bias towards buying, indicating positive expectations among traders.
📈 Future forecasts Short term: If the resistance level of $112,000 is broken consistently, we may see an increase towards $120,000. Medium term: Expectation for the price to reach $140,000 during the summer, supported by increasing institutional interest. Long term: Some analysts expect the price to reach between $220,000 and $330,000 by the end of 2025, based on long-term analytical models.
⚠️ Important notes Volatility: The market is still subject to high volatility; therefore, careful risk management is advised.$BTC
