#BTC#

Bitcoin (BTC) Latest Situation Analysis (May 30, 2025)
Current Price: Bitcoin (BTC) is currently trading at $105,984.28.
Although the Bitcoin (BTC) price has been fluctuating recently, it is generally showing a strong outlook. Here is a summary of the latest situation and points to note:
Current Market Status:
* Market value: Around $2.11 - $2.15 Trillion.
* Trading volume: Around $50-55 billion in trading volume in the last 24 hours.
* Volatility: Shows relatively high volatility, but not as extreme as other crypto assets.
Recent Price Movements:
* Last 24 hours: A slight decrease (around 1.71%) is observed.
* Last week: It experienced a decrease of approximately 5.13%.
* Last month: It is in a recovery trend with a significant increase above 12.45%.
* Last 1 year: Significantly increased by over 56.65%.
* All-time high (ATH): Recently (May 22, 2025) reached an all-time high of 111,891.30 USD. It has currently declined by around 3-4% from this level.
Technical Analysis and Price Predictions
* Resistance and Support Levels:
* According to some analyses, 105,000 USD is seen as a significant resistance level.
* Support levels are indicated as 96,900 USD and the range of 106,800 - 107,300 USD. If these levels hold, upward movement can be expected. The 103,000 - 105,000 USD support zone is critical.
* Rising Triangle and Wedge Formations: In some graphic analyses, it is stated that the rising triangle formation has been completed and broken and the price is supported. However, there are also comments that the linear chart shows a rising wedge breakout and the target is the 99,000 - 100,000 USD band.
* Long-Term Expectations:
* 2025: With institutional investments and technological developments, it is estimated that it will vary between 108,982 USD - 127,486 USD and may even rise to 132,000 USD.
* 2026: With ongoing institutional investments and global economic developments, a range of 163,053 USD - 193,650 USD is expected.
* 2027: With increasing adoption in global markets, it is predicted to climb to 234,429 USD - 280,455 USD levels.
* Some aggressive estimates even state that Bitcoin could reach 500,000 USD in the 2030s (such as Standard Chartered).
Key Developments and Influencing Factors
* Spot Bitcoin ETFs: Continuing inflows into ETFs indicate continued institutional interest and support the price.
* Institutional Investments: Traditional retail companies such as GameStop are buying Bitcoin, indicating that interest in crypto assets is also increasing in the institutional space.
* Political and Institutional Support: Developments such as Jamie Dimon's statement that his bank will allow customers to buy Bitcoin and the Pakistani government's discussion of using Bitcoin in its strategic reserves are interpreted as positive signals.
* Global Economic Factors: Changes in Fed interest rate cut expectations and general risk appetite can also affect the crypto market. The recent slight pullback is associated with decreasing interest rate cut expectations.
* Whale Activity: It is stated that whale activity has decreased after reaching an all-time high, indicating potential profit taking.
General Assessment
While Bitcoin continues to be a volatile asset, it has long-term growth potential with institutional adoption and increasing interest. While corrections and fluctuations may occur in the short term, long-term expectations are generally positive.