Technical analysis by sorooshx about Symbol BTC: Sell recommendation (5/20/2025)

📅 Bitcoin (BTC) Market Update – May 19, 2025BTC is trading at $105,488 with a slight +0.0115% 24h uptick.📊 Technical Snapshot:• Price Range: $102,381 – $106,540 (Moderate volatility)• Support: 97K – $98.5K | Resistance: $110K – $115K• Trend: Consolidation Phase – Awaiting breakout🔗 On-Chain Highlights:• 87% of supply in profit = Potential for sell pressure• Accumulation increasing across wallet cohorts• Improved investor sentiment🧭 Fundamentals to Watch:• Sharpe Ratio: 1.72 – High risk-adjusted returns• ETF inflows rising = Institutional demand• Macro Index flashing Buy signal📈 BTC Price Outlook:• Short-Term: $100K – $110K• Mid-Term: $110K – $129K• Long-Term: $174K – $462K 🚀✅ Summary:Bitcoin remains range-bound but shows strength in accumulation and fundamentals. Keep an eye on $110K resistance for a possible breakout.#Bitcoin #BTC #CryptoAnalysis #SorooshX