Bitcoin (BTC/USD) Short-Term Technical Analysis and Trade Outlook (May 31, 2025)
I am the Blind Crypto Mama on Binance. Please follow me (I follow back). Here is a very detailed analysis I did on the price and volume charts (using reading and describing tools. Also used some help from a couple of smart people)
I. Bitcoin (BTC) Market Overview (as of May 31, 2025)
![]() |
(Since I am blind, I generated the images via AI. Hope it did a decent job) |
A. Current Price, Volume, and Recent Performance
As of late May 31, 2025, Bitcoin (BTC) is navigating a
period of heightened volatility and price correction. Current trading data
indicates BTC is priced in the range of approximately $104,831 to $105,277. This
reflects a decrease of roughly 0.71% to 0.97% over the preceding 24 hours. Data
from May 30, 2025, showed a closing price around $105,745, itself a 1.94%
decline from May 29. Historical figures from major exchanges like Coinbase Pro
reported a close of $107,060 on May 29 , while Bitfinex recorded $104,840 for
the same day , with such minor discrepancies being typical across different
trading venues.
The 24-hour trading volume remains substantial, estimated
between $58.54 billion and $60.49 billion , underscoring active market
participation during this corrective phase. Bitcoin's market capitalization
stands at approximately $2.08 trillion to $2.10 trillion.
Recent performance highlights a significant pullback from
its all-time high (ATH) of around $111,891 to $112,000, achieved near May
21-22, 2025. Over the past week, Bitcoin has declined by approximately 4.89% to
5.27%. Despite this short-term downturn, the monthly performance shows a gain
of about 12.15% to 12.28%. This recent price action suggests significant
profit-taking following the ATH and a potential shift in short-term market
sentiment, even as underlying trading activity remains robust.
Table: BTC Current Market Snapshot (May 31, 2025, Late
UTC)
Metric |
Value |
Current
Price (USD) |
$104,831
- $105,277 |
24h
Price Change (%) |
-0.71%
to -0.97% |
24h
Trading Volume (USD) |
$58.54B
- $60.49B |
Market
Capitalization (USD) |
$2.08T
- $2.10T |
Key
Short-Term Support |
$104,300
- $104,800 |
Key
Short-Term Resistance |
$107,000
- $107,200 |
This snapshot provides an immediate overview of Bitcoin's
market standing, crucial for contextualizing the subsequent detailed analysis.
B. Immediate Support and Resistance Levels
The identification of key support and resistance levels is
paramount for defining potential trade parameters and understanding market
structure. Very recent analyses from late May 30 and May 31 indicate that a key
support zone between $104,300 and $104,800 is currently being strongly
defended by market participants. This particular zone is significant as it
represents an area of previous resistance that, if held, could now function as
a strong support base.
Other notable support levels include $106,000 (a Fibonacci
23.6% retracement level), $103,460 (Fibonacci 38.2%), the $101,400-$101,800
range (which aligns with the 200-period Exponential Moving Average on certain
timeframes), and the psychologically important $100,000 mark. Some market
observers suggest that if the $104,400 level is breached, support could extend
down to the $100,700-$101,400 area.
On the upside, key resistance levels are identified at
$107,000-$107,200 (an area of previous support that may now act as resistance),
$109,300 (a recent daily high), the $110,000 psychological barrier, and the
recent all-time high vicinity of $111,900-$112,000.
The price action around the $104,000-$105,000 support zone
is emerging as a critical juncture for Bitcoin's next directional move. This
level represents a confluence of technical factors, including its history as a
prior resistance pivot, alignment with Fibonacci retracement levels, and its
psychological significance for traders. The high trading volume observed around
these price points suggests substantial order flow and active decision-making
by market participants. A decisive breach below this zone could potentially
trigger a cascade of stop-loss orders from recent buyers and embolden sellers,
potentially leading to an accelerated move towards the $100,000-$101,000
region. Conversely, a robust defense of this support, particularly if
accompanied by significant buying volume, could trap recent short sellers and
signal a potential short-term bottom. Such a bounce would align with the
sentiment held by some analysts who maintain a "buy the dip" approach
within the context of Bitcoin's broader bullish trend.
Despite the longer-term bullish structure, evidenced by
price remaining above key moving averages like the 50-day (currently around
$97,500 ), there are clear indications of weakening upward momentum in the
short term. The recent failure to sustain prices above $110,000, the subsequent
break below the $107,000 support, and the current intensive testing of the
$104,000-$105,000 support level collectively suggest that the strong buying
pressure observed immediately following the all-time high has diminished.
Furthermore, the increasing distance of the current price from the 20-day
moving average also hints at a deceleration in short-term momentum. This
creates a precarious market environment where the longer-term bullish framework
remains technically intact, yet immediate-term dynamics are leaning bearish.
This divergence can lead to trader indecision and heightened volatility, a
crucial consideration given that previous unsuccessful trade suggestions for
Bitcoin have occurred during periods of price decline. Recognizing these early
signals of weakening momentum is therefore vital for prudent risk management.
II. Technical Analysis & Short-Term Outlook (1-3
Days)
A. Price Action Analysis (1-hour, 4-hour, Daily Charts)
Multi-timeframe analysis reveals a nuanced technical picture
for Bitcoin. On the 1-hour and 4-hour charts, the price is currently
engaged in a critical test of the support zone around $104,300-$105,000. Some
technical interpretations suggest the potential formation of a double top
pattern below the $112,000 resistance, a classic bearish reversal signal.
Concurrently, the emergence of lower highs on these shorter timeframes
indicates weakening bullish momentum. A discernible downward channel appears to
have formed following a break of a prior rising trendline, further supporting a
short-term bearish outlook. Alternatively, some analysts observe a symmetrical
triangle pattern taking shape, suggesting that a breakout from this
consolidation will likely dictate the next significant price movement.
TradingView ideas published in late May also highlight that Bitcoin is in a
corrective phase, with some expecting this correction to extend towards
identified support levels before a potential new bullish wave can commence. The
$107,200 level, which previously acted as support, is now being viewed as a key
area of resistance.
On the daily chart, Bitcoin's price remains above the
50-day moving average (around $97,500) and the 200-day moving average (around
$93,000-$94,300), which technically underpins the longer-term uptrend. However,
recent daily candlesticks exhibit notable selling pressure, indicating a
struggle for buyers to maintain control at higher price levels.
This multi-timeframe perspective is crucial: while daily
charts might still suggest a broadly bullish underlying trend, the shorter-term
1-hour and 4-hour charts reveal immediate bearish pressures and critical
support tests. The formation of lower highs on these shorter timeframes is a
classical technical indication of a weakening uptrend or the potential onset of
a new downtrend.
B. Key Technical Indicators
- Moving
Averages (MAs): On the daily timeframe, Bitcoin's price holding above
both the 50-day MA (approximately $97,500) and the 200-day MA
(approximately $93,000-$94,300) is a long-term bullish signal. However,
the 4-hour chart presents a contrasting view, with the 50-period moving
average currently sloping downwards, indicative of a bearish short-term
trend. Should the price decline further, the 200-period MA on the 4-hour
chart could offer a level of support.
- Relative
Strength Index (RSI): The daily RSI has retreated from the overbought
territory (above 70) and is exhibiting a downward slope, currently
situated around 53. This suggests a pause in bullish momentum and an
increase in selling pressure, although the indicator remains within neutral
territory. On the 4-hour and 1-hour timeframes, the RSI is also in the
neutral zone (between 30 and 70). While no strong, immediate bullish or
bearish divergences have been noted in the latest analyses for these
shorter timeframes, a bearish divergence was observed on the daily chart
around May 28.
- MACD
(Moving Average Convergence Divergence): The daily MACD is showing
signs of weakening momentum; it is declining and has crossed below its
signal line. This is typically interpreted as a short-term sell signal and
points to decreasing upward price impetus.
- TradingView
Technical Summary (Overall): Aggregated technical summaries from
TradingView indicate a "Neutral" signal for Bitcoin on the
1-hour timeframe, while the 1-week rating suggests a "Buy".
Specific real-time readings for individual indicators like RSI, MACD, and
key EMAs/SMAs on the 1-hour and 4-hour charts would require a live check,
as they were not fully detailed in all available materials. However, it is
noted that on the 4-hour chart, the 50-day moving average is sloping down
(bearish), whereas on the 1-day chart, both the 50-day and 200-day moving
averages are sloping up (bullish).
Collectively, these indicators confirm the observed
weakening in short-term momentum. The daily RSI and MACD turning less bullish,
or even bearish, serves as a significant cautionary signal for the immediate
term. The neutral RSI readings on shorter timeframes suggest that the market is
currently in a phase of consolidation or indecision at these crucial price
levels, potentially awaiting a fresh catalyst to determine its next direction.
C. Potential Price Scenarios & Volatility Assessment
Given the current technical posture, two primary short-term
scenarios emerge:
- Bearish
Scenario: A confirmed break below the critical $104,300-$105,000
support zone would likely open the path for further downside. Initial
targets would include $103,460 (Fibonacci 38.2% retracement), followed by
the more significant support area between $101,400 and $101,800, which
aligns with the 200-period EMA and historical price action. The
psychological $100,000 level would also come into focus. Some analysts
project potential declines towards $97,000 or even lower if these supports
fail to hold.
- Bullish
Scenario (Bounce): Conversely, if the $104,300-$105,000 support zone
holds firm and attracts sufficient buying interest, a bounce towards the
initial resistance at $107,200 is plausible. A successful reclaim of this
level could then target the $109,000-$110,000 area, with a potential
retest of the recent all-time highs near $112,000. One Elliott Wave
analysis suggests a target of $112,039 if the current corrective wave
(Wave 4) concludes and the impulsive Wave 5 resumes.
Volatility is expected to remain elevated. The market is
contending with a test of critical support levels, the recent establishment of
an all-time high, and the absorption of impactful news, including FTX creditor
repayments and shifting ETF flow dynamics. Liquidation heatmaps indicate large
clusters of orders on both the upside (around $112,000-$113,000) and the
downside, suggesting the potential for sharp price movements as these levels
are approached. This environment necessitates cautious trading, with an
emphasis on tighter stop-losses and prudent position sizing, especially
considering past instances where Bitcoin's price declined unexpectedly.
The current market exhibits a divergence across indicators
on different timeframes, which often signals a period of transition or
consolidation as the market seeks its next major directional bias. Daily
indicators like the RSI and MACD are displaying signs of weakening momentum or
even bearish crossovers. However, shorter-term indicators on the 1-hour and
4-hour charts, such as the RSI, are currently neutral , and longer-term moving
averages (50-day and 200-day) continue to support an underlying bullish
structure. This discrepancy implies that bearish signals on the daily chart
might take time to fully manifest in sustained price declines if strong buying
interest materializes at key support levels. Such lags necessitate patience
from traders, who should await confirmation of signals rather than acting
impulsively based on a single timeframe's indications. This consideration is
particularly relevant given that the previous unsuccessful trade suggestion
occurred during a price fall, possibly due to such a lag or a market
"shakeout."
Adding to the complexity, the current Bitcoin long/short
ratio on Binance is reported to be at its highest level since the beginning of
the month, with approximately 60% of accounts holding long positions. This
significant imbalance creates the potential for a "long squeeze." If
the price were to break decisively below key support levels (such as $104,000),
these leveraged long positions could face margin calls and forced liquidations.
This scenario could lead to a rapid and amplified price decline as sell orders
flood the market. The potential for such a squeeze is heightened by the
prevailing selling pressure and the weakening technical indicators, suggesting
that a break below support could be sharper and faster than a gradual decline.
III. Fundamental Drivers & News Catalyst Review
A. Impact of Recent ETF Flows and Institutional Activity
Recent flows in U.S. Spot Bitcoin Exchange-Traded Funds
(ETFs) present a mixed short-term picture. On May 29, these ETFs experienced
their first joint net outflow day in over two weeks, totaling $347 million, the
largest single-day outflow since March 11. This event concluded a
10-trading-day streak of net inflows. Notably, Fidelity's FBTC led the outflows
with $166 million, while Grayscale's GBTC saw $107.5 million depart. However,
BlackRock's IBIT stood out by attracting $125 million in net inflows, thereby
extending its own streak of positive flows.
Despite these recent outflows, the broader context for May
was positive, with over $5 billion in cumulative net inflows into Bitcoin ETFs.
Over the preceding five weeks, more than $9 billion had entered these spot BTC
ETF products. This highlights significant institutional interest, although the
latest Q1 2025 13F filings indicated a slight decrease in institutional
ownership of U.S. spot BTC ETFs, from 29% to 25%. This dip is speculated to be
partly due to reduced participation from hedge funds in the basis trade.
Corporate adoption continues to be a positive undercurrent.
Reports indicate that Trump Media & Technology Group is seeking to raise
$2.5 billion to invest in Bitcoin. Additionally, companies like Metaplanet and
GameStop have recently made Bitcoin purchases. Furthermore, Pakistan announced
the establishment of a new Bitcoin reserve.
The recent shift to net outflows in ETFs is a bearish
short-term signal, potentially indicating a reduced appetite for institutional
buying at the recent high price levels. However, the overall inflow trend in
May was strong, and ongoing corporate adoption news remains fundamentally
bullish for Bitcoin's long-term prospects. BlackRock's IBIT maintaining its
inflow streak is a noteworthy counter-signal to the broader ETF outflow on May
29.
B. Analysis of Macroeconomic News
The macroeconomic landscape remains complex and influential
for Bitcoin.
- US-EU
Trade Tariffs: Tensions persist, with former President Trump having
threatened 50% tariffs on EU goods, though implementation was delayed
until July 9 to allow for negotiations. Separately, a U.S. court halted
the "Liberation Day" tariffs, an action seen as curtailing
presidential emergency powers for broad trade restrictions. A new
proposal, the Foreign Pollution Fee Act, which would introduce
carbon-based tariffs, also has the potential to trigger retaliatory
measures from trading partners.
- Inflation/Federal
Reserve: The Federal Reserve's May meeting minutes highlighted
persistent inflation risks, sluggish wage growth, and softening employment
figures. Officials cited new tariffs and weakened business investment as
contributing factors. While further rate hikes appear to be off the table
for now, monetary policy remains highly sensitive to incoming economic
data. Earlier in May, U.S. April inflation data had shown a cooling to
2.3%, which led to a muted reaction from Bitcoin at the time of its
release.
- U.S.
Debt Downgrade: A Moody's downgrade of U.S. sovereign debt, mentioned
in the context of Bitcoin's surge on May 21, reportedly eroded confidence
in traditional assets and may have contributed to flows into alternatives
like Bitcoin.
Macroeconomic uncertainty, stemming from issues like trade
tariffs and inflation, can traditionally drive investors towards assets
perceived as safe havens, a category some investors place Bitcoin in. However,
such uncertainty can also trigger broader "risk-off" sentiment,
negatively impacting all asset classes, including cryptocurrencies. The ongoing
tariff situation remains fluid and could inject further volatility into
markets. The Federal Reserve's cautious stance on inflation and employment,
potentially influenced by these tariff developments, will continue to guide
monetary policy, which has a significant impact on asset valuations.
C. Regulatory Developments
The regulatory environment for digital assets continues to
evolve, with several key developments:
- U.S.
Legislation: There is growing momentum in the U.S. Congress regarding
frameworks for stablecoins and broader market structure bills, such as the
GENIUS Act, which has seen positive progress. The Senate Stablecoin Bill
also passed a key vote. On May 29, the bipartisan Digital Asset Market
Clarity Act of 2025 (CLARITY Act) was introduced, aiming to delineate the
regulatory responsibilities of the Securities and Exchange Commission
(SEC) and the Commodity Futures Trading Commission (CFTC).
- Global
Initiatives: Hong Kong has passed a stablecoin bill to establish a
licensing regime. In the U.S., Texas has passed a bill to establish a
state-level Bitcoin reserve.
- CFTC
Advisory: CFTC staff recently issued an advisory reminding registered
exchanges and clearinghouses to evaluate and calibrate their volatility
control mechanisms, particularly during periods of market stress.
Increasing regulatory clarity is generally viewed as a
long-term positive for Bitcoin and the broader crypto market, as it can foster
greater adoption, especially from institutional investors. The progress on U.S.
legislation is a particularly encouraging sign. However, the regulatory
landscape is still developing, and the process itself can create short-term
market uncertainty.
D. The FTX Creditor Repayment: Potential Market Impact
A significant market event is the ongoing repayment to FTX
creditors. The FTX estate is set to distribute over $5 billion to creditors,
with payments commencing around May 30, 2025, and processed via platforms like
BitGo and Kraken over the subsequent 1 to 3 business days. These repayments are
notably based on the U.S. dollar value of cryptocurrencies at the time of FTX's
collapse in November 2022, a period when crypto valuations were significantly
lower than current levels. The distributions are expected to be made largely in
cash and stablecoins.
Analyst sentiment regarding the market impact of these
repayments is mixed. Some believe that a substantial portion of these funds
could flow back into the cryptocurrency market, potentially creating a bullish
catalyst and providing buying support. Others adopt a more cautious stance,
suggesting that creditors might not reinvest immediately or fully, given they
are receiving cash based on much lower past valuations. Coinbase commentary has
suggested that these repayments could be supportive for crypto markets,
particularly because the payments are being made in stablecoins, which might
encourage recipients to remain within the crypto ecosystem rather than cashing
out entirely to fiat, compared to earlier mixed cash/crypto distributions.
The critical question revolves around the proportion of this
multi-billion dollar distribution that will be reinvested into the crypto
market, and specifically into Bitcoin. If a large percentage is promptly
reinvested, it could indeed provide noticeable buying pressure. However, if
reinvestment is delayed or minimal, the anticipated bullish impact might be
muted or fail to materialize. The fact that payouts are primarily in cash or
stablecoins offers creditors considerable flexibility and might lead to a more
staggered or diversified reinvestment approach rather than an immediate influx
into Bitcoin.
This FTX repayment situation presents a complex dynamic.
While some market participants anticipate a supportive inflow from these
distributions, the actual behavior of creditors remains uncertain. Given that
repayments are based on November 2022 crypto values , recipients are
effectively getting the USD equivalent of a much lower Bitcoin price. This
might lead some to feel they have "missed" the subsequent rally and
thus be hesitant to buy back in at current, significantly higher prices.
Creditors may also have immediate needs for the cash or may choose to diversify
their recovered funds into other asset classes. Consequently, the $5 billion
injection might have a less direct or immediate bullish impact on Bitcoin's
price than some market commentary suggests. If the market has already priced in
substantial reinvestment from these funds, a lack of such follow-through could
lead to disappointment and potentially contribute to further selling pressure,
especially if it coincides with other bearish factors like continued ETF
outflows and technical weakness around
the $104,000 support level. The view that stablecoin repayments are inherently
more bullish rests on the assumption
that recipients are more likely to keep these funds within the crypto
ecosystem, but this remains an assumption rather than a certainty.
E. Current Market Sentiment
Market sentiment surrounding Bitcoin appears to be in a
state of flux:
- Fear
& Greed Index: The Crypto Fear & Greed Index was recently
recorded at 65, categorized as "Greed," but was noted to be
approaching the "neutral" zone after nearly touching
"extreme greed." This shift reflects a discernible decline in overall
market confidence in recent sessions.
- Analyst
Consensus: Views among market analysts are currently mixed. Some
perceive the recent price dip as a healthy correction or a period of
re-accumulation before Bitcoin embarks on its next upward leg. Others
express more caution or adopt a bearish stance for the immediate short
term, citing technical weaknesses, recent ETF outflows, and the potential
for a more profound correction. Despite short-term concerns, the long-term
outlook for many analysts remains bullish, with some projecting price
targets of $150,000 or higher for Bitcoin.
- TradingView
Ideas: A survey of recent trading ideas published on TradingView (late
May 30/May 31) indicates a tendency towards caution and potential
bearishness in the very short term, with a primary focus on the ongoing
test of the critical $104,000-$105,000 support zone.
- On-Chain
Data (Glassnode): Analysis from Glassnode suggests that profit-taking
is currently a dominant behavior in the market. The MVRV (Market Value to
Realized Value) ratio is reportedly in a zone historically associated with
market "overheating." Glassnode analysts also warn that the
$120,000 price level could act as a significant point for accelerated
selling pressure.
The shift in the Fear & Greed Index from "extreme
greed" towards "neutral" is a notable indicator that traders are
becoming more circumspect. The divergence in analyst opinions underscores the
current uncertainty prevailing in the market.
The confluence of recent net ETF outflows , even if
potentially short-lived, signals a pause in the strong institutional buying
pressure that was a significant driver of Bitcoin's rally to its all-time high.
When this is combined with daily technical indicators like the RSI and MACD
turning bearish , and the price actively testing a critical support level
around $104,000, the risk of a deeper correction increases. If the robust
institutional demand that fueled the previous ascent temporarily diminishes or
reverses, prevailing retail sentiment, which is already showing signs of
cooling from "extreme greed" , may not be sufficient to defend
current price levels. This scenario becomes particularly acute if the $104,000
support breaks, potentially triggering the previously discussed "long
squeeze".
Furthermore, the market is currently witnessing a tug-of-war
between positive long-term fundamental developments and immediate-term macro
uncertainties and technical pressures. Progress on the regulatory front, such
as advancements with the GENIUS Act and the introduction of the CLARITY Act ,
is fundamentally bullish for long-term institutional adoption and market
maturation. However, short-term price movements are often more heavily
influenced by immediate macroeconomic news, such as developments in U.S.-EU
trade tariffs or Federal Reserve
commentary , as well as by purely technical factors. The current environment
exemplifies this tension: while the long-term fundamental picture is improving
due to regulatory strides, short-term macroeconomic anxieties and potential
technical breakdowns could overshadow these positives within a 1-3 day trading
horizon. This suggests that while the foundational elements for Bitcoin are
strengthening, they may not be sufficient to prevent short-term price declines
if technical levels are breached and immediate market sentiment turns
decisively negative.
IV. BTC/USD Trade Suggestion (1-3 Day Horizon)
A. Clear Recommendation: SHORT
Considering the confluence of weakening short-term technical
momentum, recent net outflows from U.S. Spot Bitcoin ETFs, the critical test of
the $104,000 support level, and the potential for a "long squeeze," a
bearish stance is favored if key support levels are decisively breached. The
previous trade suggestion's outcome, where Bitcoin fell and hit the stop-loss,
underscores the importance of not prematurely entering long positions in a
market exhibiting signs of weakening.
B. Entry Price Range:
Enter SHORT on a confirmed break and close below $104,000 on
at least a 1-hour timeframe. Confirmation would ideally involve increased
volume on the breakdown. An entry range of $103,500 - $103,900 after such a
break would be targeted.
C. Target Price(s):
- Target
1: $101,500 (aligns with identified support and 200 EMA on some
shorter timeframes).
- Target
2: $100,000 (strong psychological level and historical support).
D. Stop-Loss Level:
Place stop-loss at $105,200. This level is above the broken
support (now potential resistance) and the psychological $105,000 mark,
providing a defined risk limit.
E. Confidence Level: Medium
The confidence level is set to medium due to the prevailing
market volatility and the absolute necessity of waiting for a confirmed
breakdown of the $104,000 support. While indicators point towards increasing
bearish pressure, Bitcoin has shown resilience at key support levels in the
past. A false breakdown followed by a sharp reversal (a "bear trap")
is a possibility.
F. Rationale:
The decision to suggest a SHORT position is predicated on
several converging factors:
- Technical
Weakness: Daily RSI and MACD indicators are declining, with the MACD
having crossed below its signal line, suggesting waning bullish momentum
and a potential increase in selling pressure. Price action on shorter
timeframes shows lower highs and the formation of a potential downward
channel.
- Critical
Support Test: Bitcoin is currently testing the pivotal
$104,000-$105,000 support zone. A confirmed break below this level, which
has historical significance as both prior resistance and support, would be
a strong bearish signal.
- Recent
ETF Outflows: The first joint net outflow from U.S. Spot Bitcoin ETFs
in over two weeks, occurring on May 29, signals a potential short-term
reduction in institutional buying appetite at current price levels.
- Potential
for "Long Squeeze": A high long/short ratio on exchanges
like Binance indicates a crowded long trade. A break below key support
could trigger cascading liquidations of these leveraged long positions,
accelerating downside momentum.
- Muted
FTX Impact (Potential): While the FTX creditor repayment is a
significant event, the distribution in cash/stablecoins based on much
lower November 2022 valuations may not translate into immediate,
substantial buying pressure for Bitcoin at current highs. If the market
has priced in a more bullish outcome from these repayments, the reality
could lead to disappointment.
This trade suggestion prioritizes confirmation of a support
breakdown to mitigate the risk of entering prematurely. The stop-loss at
$105,200 aims to limit potential losses if the support holds and the price
reverses upwards. The targets are set at logical subsequent support levels.
Given the market's recent volatility and the memory of the previous
unsuccessful trade, a disciplined approach with clear entry, target, and
stop-loss levels is paramount.
Table: BTC/USD Trade Parameters
Parameter |
Value |
Direction |
SHORT |
Entry
Price Range |
$103,500
- $103,900 (after confirmed break below $104,000) |
Target
Price 1 |
$101,500 |
Target
Price 2 |
$100,000 |
Stop-Loss |
$105,200 |
Confidence
Level |
Medium |
V. Important Considerations & Disclaimer
A. Risk Management in Volatile Markets
The cryptocurrency market, and Bitcoin in particular, is
known for its inherent volatility. The current market conditions, characterized
by a test of critical support levels following a recent all-time high, suggest
that this volatility is likely to persist. Traders should exercise robust risk
management practices, including appropriate position sizing. It is crucial not
to risk more capital than one can afford to lose. Stop-loss orders are an
essential tool for managing downside risk but are not a guarantee against
losses, especially during periods of extreme price movement or market gaps.
B. Disclaimer
This report is provided for informational and educational purposes only and does not constitute financial advice or a recommendation to buy or sell any financial instrument. Trading cryptocurrencies involves a significant risk of loss and is not suitable for all investors. Past performance is not indicative of future...source Independent financial advice should be sought before making any trading decisions. The analysis and data presented are based on information available as of May 31, 2025, and market conditions can change rapidly. I am a blind person and more likely to make mistakes compared to sighted people, so I apologize in advance, though I've been told otherwise!
Impressive!
ReplyDeletethanks, lets see after 3 days if my prediction was correct or not
Delete