#bitcoin Analysis of BTC/USDT – May 24, 2025

Currently, BTC is trading at $109,001.19, showing an increase of 0.33% in the last 24 hours. It is close to its daily high of $109,506.03, while the daily low was $106,800.00. The volume in 24 hours amounts to 16,624.73 BTC and 1.80B USDT.

In the 3-day candlestick chart, BTC continues to show bullish strength. The moving averages indicate solid support:

MA(7): $104,494.35

MA(25): $91,325.32

MA(99): $83,679.06

The current price remains clearly above these moving averages, indicating an upward trend.

Volume and sentiment:

The volume over 1 year shows an increase of 60.55%, reflecting strong buyer interest. The short-term moving averages are also continuing to rise, reinforcing the bullish outlook.

Conclusions:

BTC is consolidating a positive trend, supported by rising moving averages and increasing volume. If it manages to stay above $109,000, it is likely to seek new highs in the short term.