Technical analysis by persis10t about Symbol BTC on 5/19/2025

Bitcoin just saw a strong rejection from the upper resistance zone (highlighted in red), forming a sharp wick after a quick pump.✅ Key support has held for now, aligning with both the ascending trendline and moving average — historically zones of strong buyer interest (green circles).⚠️ What’s next?A 4H candle close above the resistance zone is crucial for bullish continuation.Failure to close above = potential fakeout and downside pressure.Eyes on the next reaction — will we see the same buying volume kick in again from support?📌 Watch closely – confirmation will shape the next move.Bitcoin continues to respect key zones beautifully on the 4H timeframe.✅ Upper support zone: $105k–$104.4k✅ Lower support zone: $101.4k–$100.7kPrice recently bounced off the upper zone with solid momentum, indicating strong buying interest. These levels remain crucial for market structure and potential altcoin performance.As long as BTC holds above these zones, we stay cautiously bullish!Keep watching for confirmation on any breakout or breakdown.📉 Structure + Levels = StrategyHere’s a textbook move from BTC in daily chart:✅ Breakout above resistance✅ Retest with a clean wick to the downside✅ Followed by a strong daily close back above the zone