Technical analysis by Bitstamp about Symbol BTC on 5/22/2025

GM bitcoin enthusiasts,Yesterday, Bitcoin hit a new all-time high of $110,730 on Bitstamp, with a record daily close at $109,682. 🚀Today, BTC is continuing its upward momentum, seemingly unfazed by resistance at the previous all-time high around the $109K level. Bulls remain in control—for now.So the question is:- Is this a true breakout signaling continuation of the rally?- Or is this just a deviation above resistance that needs to cool off before making new highs?- Could we be facing a stronger correction soon?Curious to hear your thoughts—are you riding this wave, or playing it cautious?P.S. There’s something poetic about Bitcoin making new highs on Bitcoin Pizza Day. 🍕 Maybe it's the perfect excuse to treat yourself to a slice and reflect on how far we've come.