#BTC


When looking at the Bitcoin (BTC) evaluation towards the end of the day, it is seen that it draws a generally positive picture.
Current Status:
* Price: Bitcoin's current price is around 107,000 - 109,000 USD. (May vary slightly depending on the source.)
* Last 24 Hour Change: Most sources observe an increase between 0.46% and 3.93% in the last 24 hours.
* Weekly and Monthly Change: There are also significant increases on a weekly and monthly basis (around 2-4% weekly, 23-25% monthly).
* Market Value and Volume: Bitcoin's market value is over 2.13 trillion USD and its daily trading volume is also quite high, around 50 billion USD.
Technical Analysis and Expectations:

* Rising Channel: It is stated that it has been moving within an ascending channel for the last 1.5 months and has recorded increases of around 15-18% after consolidations within this channel.

* Resistance and Support Levels:

* Some analysts state that the levels of 107,000 - 109,000 USD are being tested as resistance and that if these levels are broken, the levels of 110,000 - 111,000 USD may be seen.

* Support levels stand out as around 96,900 USD and 104,600 USD.

* Some estimates indicate that the resistance of 105,755 USD is likely to be broken.

* Long-Term Expectations:

* A new record of around 150,000 USD is expected by the end of 2025.
* In the long term (by 2030), there are estimates that it could reach $250,000, or even $1.5 million in some bull scenarios.

* RSI Status: If the RSI breaks the downtrend, it could increase the likelihood that Bitcoin will break the current resistances.

In summary:
Bitcoin continues its uptrend and technical indicators generally paint a positive picture. In the short term, if the resistance levels are tested and broken, the upward movement is expected to continue. Long-term estimates indicate quite ambitious targets.

#BTC Futures Open Interest Hits Record High
#SEC Delays SOL ETF Decision
#BTC Breaks Above $107,000
BTC0,66%
SNT1,68%
OVER-6,39%
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GateUser-ed950a40vip
· 2025-05-22 07:31
Great analysis of the situation. Thank you for the excellent work.
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GateUser-68291371vip
· 2025-05-21 20:03
Hold on tight 💪
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Yasinzcfvip
· 2025-05-21 19:35
God willing, it will rise, let's see together.
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Elghazolyvip
· 2025-05-21 19:03
The market is bullish 🐂
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Herman_ziegelvip
· 2025-05-21 18:07
Buy To Earn 💎
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Old_manvip
· 2025-05-21 18:06
HODL Tight 💪
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RandomThePriceOfBitconvip
· 2025-05-21 17:57
It is worth focusing your attention on one currency
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Before00zerovip
· 2025-05-21 17:42
Launch with power 🚀
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Selim_sarivip
· 2025-05-21 17:32
HODL Tight 💪
Reply0
ElizabethAldivip
· 2025-05-21 17:31
Watching Closely 🔍
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