š Strategic Profit Booking in Bitcoin: May 2025 Outlook
Bitcoin is currently trading around $103,000, showing strong momentum supported by institutional accumulation and favorable macroeconomic conditions. This presents a strategic opportunity for profit booking with a disciplined approach.
ā Entry Strategy
Adopt a laddered entry using three key ranges:
$101,000ā$102,000: Immediate support
$98,000ā$99,500: Breakout retest zone
$94,500ā$96,000: Strong support region
Divide your capital into thirds and enter accordingly to reduce risk.
šÆ Target Levels
$106,000: First resistance
$110,000: Fibonacci level
$120,000: Previous ATH zone
Book 25%, 50%, and 25% profits at these respective levels.
š”ļø Risk Management
Set a stop-loss at $96,000. Once $106,000 is reached, shift the stop-loss to your entry point to secure profits and protect capital.
š Summary
With Bitcoinās technical strength and market sentiment aligned, this structured strategy offers a calculated path to profit. Ensure proper risk management and stay updated on macroeconomic cues for optimal results.