Technical analysis by BenMcyInsights about Symbol BTC: Buy recommendation (5/22/2025)

🚀 New All-Time HighBTC just printed a fresh ATH, breaking above the previous 109-110K resistance. Price discovery is now fully active support/resistance levels are harder to define clearly in this zone.📏 Fibonacci Extension ZoneUsing the Fibonacci extension of the previous major leg, we get a first realistic target around 130K, slightly front-running the 1.618 level a common zone for major profit-taking.📌 Things to MonitorWhile momentum remains strong, macro risks still hover :Global recession fearsGeopolitical tensionsCPI / FOMC surprisesAny of those could trigger a risk-off environment, stalling the BTC rally or triggering a sharper correction.🎯 What’s next?As long as the trend holds above 103-105K (former structure highs), bulls remain firmly in control. A move to 130K isn’t out of reach but stay reactive to macro shocks that could cool down the rally.