$BTC #SwingTradingStrategy Here is a comprehensive assessment of Bitcoin (BTC) performance until mid-2025:
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📈 Current and Technical Performance
Currently trading at around $103,000 – $106,000, with strong resistance at levels of $110–$112 thousand, and support around $100 thousand.
Some indicators like RSI and MACD indicate a potential short-term correction towards $94–$100 thousand, but the overall trend remains bullish.
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🏦 Flows and Institutions
Bitcoin cash funds (ETFs) saw inflows of over $5 billion in May alone.
Institutions and companies, like MicroStrategy and Tesla, have accumulated around 11% of the total supply. This institutional support forms a strong foundation for the bullish trend amid declining circulating supply.
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🚀 Performance in 2024 – 2025
The price increased by 123–129% during 2024, supported by the launch of ETFs and widespread institutional adoption.
It reached a new historical peak of around $112,000 in May 2025.
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🔭 Future Predictions
Some analysts predict it will reach $150–$200 thousand by the end of 2025, driven by favorable regulatory policies and institutional support.
However, the futures market sees a higher likelihood that it will only reach $110–$120 thousand in 2025, with a possibility of dropping to $64–$70 thousand if facing a negative cash market or crisis.