Bitcoin ($BTC ) Technical & Fundamental Analysis – Will We See a Bounce or Further Drop
Current Price: 105,239 USDT
Date: May 30, 2025
Timeframe: Daily (1D)
Technical Analysis (1D Chart):
RSI: 36.8 ➜ Approaching oversold zone – potential for a bullish bounce.
MACD: Bearish crossover with growing negative momentum.
EMA 50 & EMA 200: Price remains below both – bearish trend confirmation.
Bollinger Bands: Price is nearing the lower band – signs of possible technical rebound.
Fundamental Analysis:
Options expiration worth $10 billion today ➜ Expect sharp market volatility.
20-day positive Coinbase Premium streak ➜ Strong institutional demand for BTC.
Weekly projection: BTC likely to range between $100,000 – $107,000.
Summary & Recommendation:
Short-term bias: Bearish correction toward the $100,000 psychological level.
Watch for a reversal bounce from $100,000 support for potential Long setup.
Trade Plan:
Entry: $100,000 (if bounce confirmed)
Stop-Loss: $98,500
Take-Profit: $105,000
Risk-to-Reward: 1.5+ (solid R:R)
💬 What’s your outlook? Will BTC break below $100K or bounce back strong?
Drop your thoughts below 👇