BITCOIN (BTCUSDT) price has recently bounced up from above the 50EMA (yellow line).
Since May 2025, price has been consolidating sideways and has now formed a symmetrical triangle (blue lines). 10% to 20% volatility could be incoming for Bitcoin this summer.
The key resistance prices that Bitcoin has yet to breakout above are: $110000, $112000, $115000, and $120000+.
Support prices are holding at this time, such as $105000, $104000, $102000, and $100000, $95000.
If price holds above $100,000 to $105,000, there is still a chance that Bitcoin can continue to uptrend and rally higher this year in 2025.
However, if $100,000 price and support levels are lost, a new downtrend could occur and price could possibly test the 200EMA zone (red line).
Since May 2025, price has been consolidating sideways and has now formed a symmetrical triangle (blue lines). 10% to 20% volatility could be incoming for Bitcoin this summer.
The key resistance prices that Bitcoin has yet to breakout above are: $110000, $112000, $115000, and $120000+.
Support prices are holding at this time, such as $105000, $104000, $102000, and $100000, $95000.
If price holds above $100,000 to $105,000, there is still a chance that Bitcoin can continue to uptrend and rally higher this year in 2025.
However, if $100,000 price and support levels are lost, a new downtrend could occur and price could possibly test the 200EMA zone (red line).
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.