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Crypto Expert BNB
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$BTC
Bitcoin (BTC) Support & Resistance Update – May 13, 2025
BTC is currently trading at $103,435, showing a slight intraday decline of -0.91%. Let’s look at the key support and resistance levels based on current market structure and moving averages:
Resistance Levels:
$105,819 – Recent local high and strong immediate resistance. A breakout above this could trigger a push towards $107,187 (next major resistance zone).
$104,629 – Today’s 24h high; also acts as minor resistance on intraday timeframes.
Support Levels:
$102,631 – 7-day moving average (MA7), acting as dynamic support. If BTC holds above this level, bullish momentum may continue.
$100,718 – 24h low and psychological support. A break below this could lead to a test of the stronger support at:
$95,953 – 25-day moving average (MA25), a key trendline to watch for any breakdowns.
$89,836 – 99-day moving average (MA99), strong long-term support.
Summary: BTC remains bullish above the $102K level but needs to break above $105.8K to continue its uptrend. Traders should monitor $100.7K as the short-term support to avoid a deeper correction.
#CryptoCPIWatch $BNB
$SOL
Bitcoin (BTC) Support & Resistance Update – May 13, 2025
BTC is currently trading at $103,435, showing a slight intraday decline of -0.91%. Let’s look at the key support and resistance levels based on current market structure and moving averages:
Resistance Levels:
$105,819 – Recent local high and strong immediate resistance. A breakout above this could trigger a push towards $107,187 (next major resistance zone).
$104,629 – Today’s 24h high; also acts as minor resistance on intraday timeframes.
Support Levels:
$102,631 – 7-day moving average (MA7), acting as dynamic support. If BTC holds above this level, bullish momentum may continue.
$100,718 – 24h low and psychological support. A break below this could lead to a test of the stronger support at:
$95,953 – 25-day moving average (MA25), a key trendline to watch for any breakdowns.
$89,836 – 99-day moving average (MA99), strong long-term support.
Summary: BTC remains bullish above the $102K level but needs to break above $105.8K to continue its uptrend. Traders should monitor $100.7K as the short-term support to avoid a deeper correction.
#CryptoCPIWatch $BNB
$SOL
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