Technical analysis by Mohammad_Mirdehghan about Symbol BTC on 5/21/2025

Mohammad_Mirdehghan

Bitcoin is currently testing a critical resistance zone between 107,150 and 107,800, which has previously acted as a strong supply area. For the bullish trend to continue, we need to see a daily close above this resistance range.Until a confirmed breakout occurs, the price is vulnerable to a pullback toward the rising trendline, which has been supporting the uptrend since April.📌 Key Points:Strong horizontal resistance at 107,150–107,800Rising wedge structure could signal exhaustionA daily candle close above 107,800 is required for further upside continuationFailure to break this resistance increases the probability of a correction toward the ascending trendline supportThis is a critical area to monitor for both breakout traders and those looking for potential short-term reversal setups.