#BTCBreaks99K Key technical levels (May 2025):
Strong support: $95,000 – $98,000
Previous resistance (already surpassed): $100,000
Next technical resistance: $105,000
Psychological level/analysts' target: $120,000
Current projections:
Standard Chartered: estimates $120,000 for the second quarter, but warns it may be conservative.
Overall sentiment: Bullish, supported by ETFs, institutional adoption, and favorable macro environment.
Main risk: correction if there is massive profit-taking or surprising regulatory changes.