đ„ Bitcoin On The Brink: Is the $BTC Breakout Imminent? đ„
Bitcoin is holding strong around $105,000, inching closer to its all-time high of $109,500, and traders are watching closely for the next big move. Here's what's shaping up today:
đ BTC Chart Analysis (May 21, 2025):
đ© Support: $102,000
đ„ Resistance: $109,500 (ATH
đ Breakout Target: $120,000 â if bulls push past ATH
đ Consolidation Zone: $103,500â$106,800
đ RSI: Near overbought â possible short-term cooldown, but momentum remains bullish
đ° Top $BTC News Today:
đșđž US Stablecoin Bill progresses â bolstering regulatory clarity
đŠ More institutions are accumulating BTC as part of treasury strategies
đ§ Analysts project a 20â30% price increase if $110K breaks this week
đŻ Trade Setup Suggestion:
Long Entry: Above $109,800 with confirmation
Short-Term Target: $117,000â$120,000
Stop-Loss: Below $103,000 for risk management
Use tight trailing stops during volatility
đŹ Is Bitcoin finally ready to explode past its ATH?
đ Share your trade setups or HODL strategy in the comments!
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