$BTC
Precise Analysis of Bitcoin (BTC) – Dated May 14, 2025
1. Current Price:
Price: Ranges between $103,000 and $104,600
Market Cap: Approximately $2.067 trillion
24-hour Trading Volume: Approximately $30.25 billion
2. Technical Analysis:
MACD: Bullish crossover, indicating strong momentum that could push the price towards $150,000 to $200,000
Weekly RSI: Shows a bearish divergence since March 2024, which may indicate an impending price correction
Key Support: $98,500, Secondary Support at $94,000
Next Resistance: $106,000
3. Market Indicators:
Whale Activity: On the rise, indicating interest from large investors
Institutional Investment Flows: Reached $5.5 billion in the last three weeks
Analysts' Forecasts:
Some expect $120,000 in Q2 2025
Others expect $200,000 before the end of the year
4. Recommendations:
For Traders: Watch the $98,500 level as a potential entry point
For Long-term Investors: Holding Bitcoin with risk management may be appropriate given the current momentum