$BTC Market Snapshot – May 20, 2025
$BTC is currently trading at $104,232.90, showing a +1.06% gain in the past hour, with a 24h high of $106,853.27 and a low of $103,060.00.
Key Technical Indicators:
MA(7): $104,968.25
MA(25): $105,284.23
MA(99): $104,078.82
The hourly chart indicates a pullback after testing resistance at the 24h high. Price is hovering near the 99-period moving average, suggesting a key support zone around $104K. A further dip below this level could open the door toward the $102,825 region.
Volume & Momentum:
24h BTC Volume: 24,664.60 BTC
24h USDT Volume: $2.60B
Short-term selling pressure is visible with increased red volume bars.
Performance Overview:
7 Days: +2.54%
30 Days: +22.42%
YTD: +56.54%
$BTC remains in a longer-term uptrend despite short-term volatility. Traders should monitor price action around the $104K and $102K levels for potential reversal or continuation setups.
