Technical analysis by Trading_Grorge about Symbol BTC: Buy recommendation (5/6/2025)

From the perspective of historical trends and technical indicators, when the short-term moving averages show a bullish arrangement, it is usually a relatively strong signal. However, the previously mentioned signs of a bearish divergence in the MACD indicator imply the risk of a pullback. If Bitcoin can break through the recent resistance level, such as $95,000, it may trigger a new round of upward trend. Conversely, if it fails to break through and the selling pressure continues to increase, there may be a certain degree of decline.👉👉👉From the demand side, although the inflow of ETF funds is still lower than the level in 2024, the apparent demand has turned positive since the end of February, indicating a certain purchasing power. If this kind of demand continues to grow, it will provide support for the price of Bitcoin. On the supply side, the total amount of Bitcoin is fixed, and the increase in mining difficulty has slowed down the growth rate of new currency supply, which is conducive to price stability or increase to a certain extent.BTCUSD Trading Strategybuy @ 93500-9370sl 925000tp 94800-95000If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.Thank you!👉👉👉