Analysis $BTC 05/14/2025
#BTC , the upward movement after touching $100,800.00 was quite predictable, a new attempt to break the $106K was made, but we couldn't get through, of course, no one expected us to actually pass so quickly, so that's fine.
The RSI continues to improve and a consolidation in this region will allow us to gain strength to finally break the $106K this week. I know that tomorrow we will have major events happening, however, I still think we can do this.
I see a lot of concern with the funding rates here, however, I don't think it's a problem at this moment, as we've seen this heat up a lot for many days before it actually reflected in the price, so I won't worry about that right now, I think we are still quite healthy at this point on the chart.
There's not much to say about the current moment, in my opinion, it's still not a problem!
The #altcoin are making a larger pullback due to their exaggerated rises, but it also looks very good, to be honest, better than expected.
I am extremely optimistic about Altcoins!
