Technical analysis by kryptologic about Symbol BTC: Buy recommendation (5/24/2025)

Sunday 25th May 2025Well what a month for BTC.Dominance has remained strong remaining above 64% month to date.The DXY has been losing strength which has been helping BTC's case.Record BTC ETF inflows going into BTC recently.Trump making deals in the Middle East.BTC is still in s trong stance and it is looking like it is coiling up for the top. Whether that is a grind up through the Northern Summer, or a choppy North Summer and then spike up into September October and a double top forming before the decline into the bear, who knows.But overall it is bullish.It is risk on, as Gold also cools off with sideways action, not so much a major pull back as yet.US Stocks are looking strong also in a bullish stance on the indices.Strictly with BTC we have officially hit a new All Time High of $111,965 with some exchanges breaking the $112k USD mark. Will all this bullish action, we are looking for a pull back of some sort. A cool off soon would be very healthy for the market.The cycle timing is indicating a 60 day low occuring in or around Friday 6th June 2025, plus or minus few days.We could see a shallow dip to the low $100k's / high $90k's.We have FOMO level of $98,501 at the 50% Fib.OTE long zone sweet spot between $95,370 (61.8%) and $90,913 (78.6%). And the back the truck up level at $88,367 (88.2%).The bodies of the yellow candles are price zones may need to be filled, so would make good retracement entry points.Also to support the pullback / cool off, VZO/PZO is in overbought territory.Bear divergences in the double ribbon, Fisher, Squeeze Momentum and Commodity Channel Index.The Bollinger Bands are Squeezing which is a sign of coming volatility or consolidation (not shown).We are on a TD7, so two more days to perfect the TD9 count and another possible 1 to 4 days of upside, so we could still see positive price action up until Saturday 31st May to close out the month.The a dip and grind up the the next 60 day cycle top which may occur in or around the 21st July give or take a few.In the news, ETF's see 4.5 x growth as there has been $2.75 Billion USD in inflows in the past week.Let's see how the week and month closes out for a better picture.Happy Trading Crypto Pirates.Peace out.F.Govt. F.Police.Snake Plissken signing out.