What to expect from Bitcoin
Bitcoin is currently priced at R$ 595,597.23 ($BTC ) as of May 20, 2025. Analysts believe that the bulls may seek a new all-time high this week, testing the resistance of US$ 106,000. If this level is broken, BTC could reach US$ 110,000 later this week.
Additionally, macroeconomic factors are favoring the cryptocurrency market. The stabilization of U.S. Treasury yields and the possible interest rate cut in China are increasing the appetite for riskier assets. In the short term, Bitcoin remains above the short and medium-term moving averages, maintaining a bullish structure.