$BTC $BNB
🚨 Technical Analysis for Bitcoin Today? 2025/5/24🚀
📉 After Bitcoin reached levels close to $112,000, we are witnessing a slight decline today to around $111,150, with strong resistance at this level.
🔍 Technical Indicators:
RSI on the daily timeframe is at 68, indicating a nearing of the overbought area.
MACD shows bullish momentum, but there are signs of weakening current momentum.
The main support is located between $108,300 and $109,200.
📊 Forecast:
A clear breakout above $112,000 could push the price towards $115,000.
If it fails to surpass the resistance, we may see a correction towards the mentioned support area.
🤔 What do you think? Do you expect a continuation of the rise or a correction soon? Share your analysis in the comments!
