#Bitcoin Closes May with 14% Surge — Signs of a Bullish Reversal

Bitcoin ($BTC) ended May on a strong note, gaining 14% despite global economic uncertainty and ongoing tariff tensions. This performance highlights a growing trend: investors increasingly view Bitcoin as a hedge against traditional markets.

The Relative Strength Index (RSI) on the monthly chart is now above 58, signaling that the current bull cycle remains intact. Historical patterns suggest that Bitcoin could enter a parabolic phase within the next 6 to 12 months.

Compared to previous cycles, the key difference lies in market maturity. Instead of rapid, unsustainable rallies, Bitcoin now shows periods of healthy consolidation before major moves—indicating a more stable and institutional-driven growth trajectory.

Key Monthly Levels:

Resistance: $110,000

Support: $74,000

12-Month Target Outlook:

Projected range between $150,000 to $250,000.

Note: The monthly chart offers a broader view of Bitcoin’s long-term direction. Short-term corrections are possible, but the overall trend points toward a bullish reversal.