Technical analysis by NoFomoCharts about Symbol BTC on 5/19/2025

Bitcoin (BTC/USDT) price recently rejected down from $107000 on May 19th, 2025.The yellow Support Trendline below is currently being tested ($103000 price level).Several candle body closes below the Support Trendline could signal weakness in the daily price trend (potential rising wedge pattern).The April inverse head-and-shoulders price pattern and targets have been completed (+12% and +24%).note: Breaking news, government law changes, corporate announcements, and crypto crime could affect the Bitcoin price and charts.