Technical analysis by cryptodailyuk about Symbol BTC: Buy recommendation (5/21/2025)

As we can see, the BTC price has broken the previous ATH and established a new one at $ 109,886, but here we have to see that we had a slight breakout and the price immediately returned below the previous peak. At this point, we should observe whether it will positively break out from the previous peak and whether it will stay above it so that it can gather energy for a strong move towards strong resistance at $ 130,000.However, if we see a correction, it may first go down to $ 101,500, then we can see support at $ 96,000, and then we may have a drop to around $ 87,000.When we look at the Stoch RSI indicator, we will see that despite the current increases, the indicator remains around the middle of the range, which could potentially give room for another upward move.