GOOD MORNING!!!

Analysis $BTC 05/23/2025

#BTC , we literally made a pullback from the red line on the chart at $111,887.68... a pullback here was necessary to cool down the indicators a bit, but I expected the price to stay above $109K for a while longer until the Altcoins rose a bit more and only then the BTC price would seek support at $107K, but we were quite quick to $107K today since TRUMP started the madness of the rates again.

Although we do not have MANY large buy orders here at $107K, I still think we can find support here, since the spot buyers are doing a great job. We will have a true test over the weekend; if we can hold the prices above the orange range on the chart during the weekend... then next week will be quite interesting.

The big BUYERS still prefer below $100K, but we don't necessarily need to go that low. My idea then boils down to:

Keeping prices above $107K over the weekend and next week aiming for $112K, and above that, turning off easy mode, which will be quite interesting.

Notice that despite most calling for exaggeratedly optimistic numbers in the short term, these are the same ones who called for $72K, and with the current SELL candle, they have already started to doubt again, so it becomes clear that they will be wrong again, and we will make another round up and then cool down a bit.

The maxim is true:
THE CROWD IS ALWAYS WRONG!

It still looks very good; it's a shame we are entering the weekend like this, but it still looks very good!

Watch the dominance of BTC and USDT!

I remain extremely OPTIMISTIC about #altcoin !