🚀 Bitcoin (BTC) Market Analysis – May 22, 2025
Bitcoin is showing strength above the key support zone and building momentum for a potential breakout. Here's the latest outlook:
📌 Current Market Overview:
Price Range: $65,800 – $66,200
Support Zone: $64,500 – $65,000
Resistance Zone: $67,500 – $68,000
Next Target (if breakout confirmed): $70,000+
📊 Technical Insights:
RSI is holding steady in a bullish-neutral zone
Volume is increasing on green candles – sign of accumulation
BTC dominance is rising, showing strength against altcoins
📈 Trading Plan:
1️⃣ Entry: On pullback near $65,000 support
2️⃣ TP1: $67,500
3️⃣ TP2: $70,000
4️⃣ SL: Below $64,200
💡 Analyst Note:
As long as BTC trades above $65K with strong volume, bulls are in control. Monitor resistance breakout for confirmation.
#Bitcoin #BTCUSDT #CryptoAnalysis #MarketUpdate #TradingStrategy #BinanceSquare #CryptoNews