Technical analysis by محمدرضا سرلک about Symbol BTC on 5/11/2025

محمدرضا سرلک

Bitcoin's price has stopped at $ 105,000 after the recent rise in prices and is stabilizing between $ 103,000 and $ 105,000. If it crosses the $ 105,000 range, expectation to grow to the historic ceiling and if the $ 100,000 brokes up, we have to consider that the short -term trend is overwhelming, but the intermediate trend is likely. Investors are in the current uptrend. Also, Anchin's data indicates an increase in bitcoin accumulation by institutional institutions and long -term investors. This can be a sign of the continuation of the uptrend, as long -term demand is still high. On the other hand, the index of fear and greed is in the area of severe greed, which can mean that the market is currently in excitement and we may see a short -term correction in the future. Especially if the volume of sales increased at $ 105,000, the likelihood of a correction increased to $ 100,000. Given the overall market conditions and the return of global markets to the uptrend in some sectors, Bitcoin as a safe asset can also exploit this process and experience more growth.