Technical analysis by CryptoSkullSignal about Symbol BTC: Buy recommendation (5/18/2025)

CryptoSkullSignal

BTC has successfully broken above the $100K psychological barrier and is trading near $104K. A bullish breakout from consolidation with strong volume and structure shift signals momentum continuation.🔸 Key Support Zone at $100,000The previous resistance at $100K has flipped into solid support. As long as BTC holds this level, the bullish structure remains intact. Liquidity also rests around $90K for deeper pullbacks.🔸 Upside Target: $110K – $120KNext immediate resistance is $110K. If BTC closes above this, a continuation toward $115K and $120K is expected. Strong institutional buying and ETF accumulation support the move.🔸 Risk Level at $99KIf price falls below $99K, expect a possible sweep to the $90K zone to grab liquidity. A failure to reclaim $100K after that would weaken the bullish outlook.🔸 Outlook:Monitor for price stability above $100K. Long positions remain valid above $99K. Consider placing limit buys around $90K in case of volatility from macro events like the Moody’s downgrade.