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

https://sahmeto.com/message/3503010
محمدرضا سرلک
محمدرضا سرلک
Rank: 2122
2.4
،Technical،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.

Translated from: Farsi
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Signal Type: Neutral
Price at Publish Time:
$104,071.46
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