Technical analysis by VitalDirection about Symbol BTC on 5/18/2025

Bitcoin Update: Potential Reversal AheadWe believe Bitcoin is approaching a major resistance level around $106,000. This could lead to a reversal with Bitcoin potentially dropping to the following levels:•$93,000•$84,000•$72,000We see these levels as strong support areas and good buying opportunities. Our primary target is $72,000, but we’re also watching the higher levels for potential reversals.We expect Bitcoin to eventually reach new all-time highs between $130,000 and $150,000 by July-August 2025.