🚀 Analysis and forecast for $BTC : further prospects? 📈
As of May 20, 2025, 22:58 EEST, the rate $BTC on Binance exceeded $107,000, with a growth of 1.5% over the last 24 hours. Trading volume reached $45.32B, and market capitalization stood at $2.12T, reflecting sustained interest in the main crypto asset. The growth is associated with positive market sentiment and institutional demand.
Technically, $BTC demonstrates strength. On the 4-hour chart, the price has settled above the 50-day moving average ($105,500), acting as support, and the RSI (14) at 65 indicates a neutral zone with growth potential. Key levels: support — $105,000, resistance — $110,000. Breaking $110,000 could open the way to $115,000, but a correction below $105,000 would increase pressure towards $102,000. The data on the decrease in coin concentration (from 15.5% to 8.2% over the week) confirms the accumulation of BTC by major players.
Forecast: in the short term (by the end of May), BTC may reach $110,000–$112,000 supported by the current trend. By July 2025, a rise to $120,000 is possible if interest in ETFs and macroeconomic stability persists. The long-term target for 2026 is $150,000, considering cyclical factors such as halving and institutional inflow. Some experts on X note a bullish sentiment, with targets above $200,000 by 2025, but this remains speculative.
Prospects? The current growth of 1.5% and the price of $107,000 look promising. For short-term traders, it's advisable to hold with a target of $110,000, setting a stop-loss at $105,500. Long-term investors may consider accumulating on corrections to $105,000. Stay tuned for news and volumes! #BTC #Binance #CryptoAnalysis