#TradingTypes101 Market Update – BTC/USD
Current Price: Approximately $106,200.
Highest Price of the Week: Reached $112,000 on May 22, 2025, which is the all-time high for Bitcoin.
Monthly Performance: Increased by 40%, with strong support at levels of $105,000 and $100,000.
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📊 Technical Analysis
General Trend: Bullish, with signs of a possible technical correction.
Support Levels: $105,000 and $100,000.
Resistance Levels: $110,000 and $112,000.
Technical Indicators: Indicate the likelihood of the bullish trend continuing, with monitoring of the mentioned support and resistance levels.
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🔮 Future Predictions
Analyses suggest that Bitcoin may target levels of $120,000 in the coming days, supported by strong buying momentum and increasing interest from institutional investors.
