Technical analysis by Orriginal about Symbol BTC on 5/23/2025

I will be presenting a number of charts here and each has a different story to tell right now.The 5 lines are All valid trend lines.The Vertical lines are January year markersThe white line at the bottom is th e long term support line from 2013The Dotted line is a threshold line The Blue Arc is a line that has rejected EVERY ATH since 2013The orange line is a marker that, once crossed has Always led to a New cycle ATHThe upper dashed line is the line of rejection of all ATH since 2017The Weekly Bitcoin PA charthttps://www.tradingview.com/x/oLf1fkWL/Here we can clearly see how that Blue Arc has rejected PA previously. We can see how PA has reached a point of intersection and once it crosses that blue Arc, there is a line of rejection just above.This Blue line needs to be crossed and held as support.The Daily version of this chart shows ua how we have just crossed that blue Arc.https://www.tradingview.com/x/hb57fpVT/It also shows us how FRAGILE this is right now. PA is currently testing that Blue line as supportThis needs to Hold. If we manage to hold this line and bounce, Stiff resistance is found around 120KThe following charts are showing the following indicatorsThe 3 indicators used are RSI - Relative Strength Index. used to measure the speed and change of price movementsTSI - True Strength Index, used to indicate trend direction and overbought/oversold conditions. ADX - The Average Directional Index (ADX) is used to measure the strength of a trend, not its directionThe 4 hour chart - short term expectations for the weekendBitcoin PA the Yellow line at the Top, the indicators are in the order listed above, https://www.tradingview.com/x/dyfEt0K2/First thing to see here is how BTC PA is retesting that Blue Arc - this really needs to holdRSI (blue) - OVER BOUGHT, It has fallen below its own MA ( average) and could easily drop further today. Looking back along this, we can see how the 4 hour RSI likes to range along the Neutral line, so we may see it drop back to that level today, tomorrowTSI is also OVER BOUGHT. We can see when TSI is up here, PA ranges while it cools off. But there is room for one little push here if requiredADX ( yellow ) is high showing trend could be getting near exhausted, The orange line is the DI+. This shows positive prince direction, the Red one is DI- and shows that negative price direction is climbing slightly. In the short term, we need to see PA hold above the Blue line but the likelihood is to possibly back below. There is support below.The WEEKLY shows us that PA has the ability to continue for a while longer but we are getting near a point where PA needs to recoverhttps://www.tradingview.com/x/LYXjIjJq/Here we can see how the RSI and TSI are both up high, on the edge of OVER BOUGHT but with the ability to rise further.What is VERY important to take note of here is that ADX.It is Low, this is indicating that the weekly Trend has lost strength now. It could continue lower.Remember, ADX DOES NOT SHOW TREND DIRECTION, JUST STRENGTHSo, the thing to see here is that we are in an area where we could see a New Trend begin. This trend could be either Bullish or bearishOn a weekly chart, this change can take a long time to appear in PAAnd for the Longer Term, The Monthly Chart gives us hope for a fuhrer push higher for the rest of the year but one little warning bellhttps://www.tradingview.com/x/ePIo4AcW/WE See Both RSI and TSI up high again, where they have been since 2024. But neither of them are up in OVER BOUGHT as much as they have been in previous cucle Tops.... So we can assume room to move higher.But what does ring a bell is that ADX again. It is once again, in a place of Change and on this chart, showing that the current trend can start becoming weaker. However, DI+ has plenty of room to move higherSo, in conclusion, we see that BITCOIN has the ability to continue higher but in the short term, we may see a pause and possinle VolatilityTrends are about to change, This could take Weeks and PA can continue higher while a trend weakens.For me. we are in the last few months of this cycle and at a point of Decision.PA MUST get over that Blue Arc that has rejected Every ATH since 2013.If PA fails this, we go back to sub 90K but this is unlikely,There are numerous projections that see BTC PA in price discovery reaching the 120K before serious resistance.On this chart, if PA follows pattern and trends, we could see 378K by year endGetting over that irange line is KEYStay safe everyone.