i was looking for your post.. get well completely..
Professor_Michael
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HEY MY DEAR BINANCIANS ❤️
I missed you all! I was away on a trip with my friends for a few days, and after returning, I got hit with a high fever that kept me from delivering signals the way I always do. Yes, it’s been a full 7-day break — but sometimes rest is a part of the journey too.
Now that I’m recovering and regaining full energy, I’m ready to come back stronger! From tomorrow, we resume our mission to grow the portfolio with precision, power, and consistency. Get ready for fresh setups, powerful breakouts, and daily winning trades. #BinanceHODLerSOPH #Bitcoin2025 #BinanceAlphaAlert
Bitcoin is trading within an ascending channel, reflecting a bullish structure. However, some analysts suggest a potential pullback toward the lower channel boundary (~$93,000) before further upside.
BTC recently broke through a short-term rising trend channel floor, indicating a possible slowdown in the rising rate or a shift to horizontal development.
Key support levels: $93,000, $92,077, and $91,062. Key resistance levels: $97,317, $98,000, and $105,500 to $106,000. A break above $106,000 could signal further bullish momentum.
Historical resistance at $94,381 has been tested, with potential to move toward $99,449 if breached.
Indicators:
Relative Strength Index (RSI): Currently at 65.92 (neutral) to 83.68 (overbought) across different analyses. RSI above 70 suggests potential overbought conditions, which could lead to a short-term correction.
Moving Averages (MAs): BTC is trading above its 10, 20, 50, 100, and 200-day EMAs, signaling a bullish trend. The 50-day SMA is projected to reach $109,474 by May 31, 2025, and the 200-day SMA at $93,990.
Volume Balance: Positive, with higher volume on days with rising prices, indicating investor optimism.
MACD and Stochastics: Generally bullish, though high RSI and stochastic readings warn of possible short-term pullbacks.
Pivot Points:
Classical pivot point (P1) at $94,162, with support at $93,147 and resistance at $95,232.
Bullish scenarios project BTC reaching $221,485 if the bull market persists.
Long-Term (2030):
Forecasts range from $180,305 to $893,385, with some predicting $369,701 based on historical bull runs. A $1 million target is speculated for September 2040.