🟡 BTC/USDT Technical Forecast — May 21, 2025
📈 Current Price: $106,779.36 (+0.95%)
📊 24h Range: $104,184.72 – $107,320.00
📦 24h Volume: 22,625 BTC | 2.40B USDT
📍 MA Support Levels:
• MA(7): $105,144.52
• MA(25): $100,434.97
• MA(99): $90,509.47
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🔎 Technical Snapshot:
Bitcoin has shown resilience near the $107K level, tapping a recent high of $107,320 before pulling back slightly. The 1D chart reveals a bullish continuation pattern, with price holding above the short-term MA(7) and MA(25), suggesting upward momentum remains intact.
The recent consolidation between $104K–$107K could be forming a bull flag, often a precursor to a breakout. If the $107,320 resistance is breached decisively, eyes are on the Fibonacci extension zone around $108,762 as the next target.
📉 However, a breakdown below $105K support (MA7) could trigger a test of the $102K–$100K range, where the 25-day moving average could act as strong support.
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📊 Momentum Indicators:
• Volatility remains elevated, with a solid 1D gain of +1.43% and 7D up +2.32%.
• Long-Term Trend: +55.36% YTD – still in a strong bull trend.
• Order Book Bias: 54.91% buyers show slight bullish dominance.
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📌 Forecast Summary:
“BTC is coiling tightly below resistance. A breakout above $107.3K could ignite a rally toward $108.7K+. Eyes on volume for confirmation. Support at $105K must hold to maintain momentum.”
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🟢 Bias: Bullish
📅 Short-Term Outlook: Watch for breakout above $107.3K
📉 Key Support: $105K / $102K
📈 Resistance: $107.3K → $108.7K
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