#MarketPullback
BITCOIN ANALYSIS
Bitcoin's current price is around $104,212, with a closing price of $105,695.64 on May 30, 2025. However, another source indicates the price might be around $83,780.61, with a daily high of $93,721.37 and a low of $82,464.84. There's also a mention of Bitcoin surging to $95,700 and potentially testing the $95,860 mark.
*Key Price Levels:*
- *Resistance:* $90,000 - $100,000
- *Support:* $80,000 - $83,000
*Market Trends:*
- Bitcoin's price surged 10% after President Trump's Crypto Strategic Reserve announcement, with some analysts predicting a potential breakout past $100,000.
- The cryptocurrency market is experiencing high volatility, with significant price swings possible due to global economic factors and regulatory news ¹ ².
*Analyst Predictions:*
- Some analysts predict Bitcoin could reach $116,000, $120,000, or even $128,000 in the near future, citing bullish chart structures and strong long-term support.
- Others warn that the rally may be temporary due to regulatory hurdles ³
btc
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