#Current Price and Market Context (as of May 24, 2025):
Price: Bitcoin is trading around $103,000–$111,000, with recent consolidation near $103,000 after facing resistance at $105,000.
Market Sentiment: Bullish, with the Fear & Greed Index at 78 (Extreme Greed) and 28 technical indicators signaling buy versus 6 bearish signals.
Volatility: Bitcoin has shown increased volatility recently, with a 0.94% daily volatility estimate.
# Forecast for Next Week (May 26 - June 1, 2025)
--Bullish Scenario:
Probability: High (based on 73% bullish market sentiment and technical indicators favouring buy signals).
Price Target: $124,000–$127,000, with a potential push toward if resistance at $105,000 is decisively broken in weekly time frame
Catalysts:
Continued institutional inflows (e.g., $6.9B in U.S. spot Bitcoin ETF inflows over three weeks).
Sustained trading above key EMAs and support levels ($103,000–$106,000).
Bearish Scenario:
Probability: Moderate (due to overbought RSI and recent resistance at $105,000).
Price Target: A pullback to $100,000–$103,000, with a deeper correction possible to $95,000 if support at $103,000 fails.
-- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources and X posts. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
Price: Bitcoin is trading around $103,000–$111,000, with recent consolidation near $103,000 after facing resistance at $105,000.
Market Sentiment: Bullish, with the Fear & Greed Index at 78 (Extreme Greed) and 28 technical indicators signaling buy versus 6 bearish signals.
Volatility: Bitcoin has shown increased volatility recently, with a 0.94% daily volatility estimate.
# Forecast for Next Week (May 26 - June 1, 2025)
--Bullish Scenario:
Probability: High (based on 73% bullish market sentiment and technical indicators favouring buy signals).
Price Target: $124,000–$127,000, with a potential push toward if resistance at $105,000 is decisively broken in weekly time frame
Catalysts:
Continued institutional inflows (e.g., $6.9B in U.S. spot Bitcoin ETF inflows over three weeks).
Sustained trading above key EMAs and support levels ($103,000–$106,000).
Bearish Scenario:
Probability: Moderate (due to overbought RSI and recent resistance at $105,000).
Price Target: A pullback to $100,000–$103,000, with a deeper correction possible to $95,000 if support at $103,000 fails.
-- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources and X posts. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.