Technical analysis by Orriginal about Symbol BTC on 5/26/2025

These are all WEEKLY chart7 weeks in a row closed Green.At Time of writing, Bitcoin is around 109800 usdSo Very Bullish and every possibility that this week will also close Green though we are getting near a point of resistance. If we zoom into the same chart, we can see more detailhttps://www.tradingview.com/x/CdflV5kT/We are above the 2.618 Fib extension and we could return to the 103K zone to test this as support. We may need to do this as it has only ever been resistance previously.We are also very close to a 618 Fib circle.( Blue )We do not know if this is an area of strong resistance yet but PA is now in the area that we may react to it.As a result of this Fib circle, we need to be prepared for the possibility of reentering that rising channel, We may not do that ,The reasons being that PA still has enough strength.The MACD - or Moving Average Convergence Divergence, is a technical analysis tool used in trading to identify momentum and trend direction.https://www.tradingview.com/x/jlHzDr1B/The 2 vertical lines on the left are the 2021 ATH points, to give a comparison. In this cycle we have had 2 previous peaks and then the cooling off period from OverBought.The Cooling off were the periods were BTC PA ranged..We are currently rising Bullish, with room to move higher but we should be aware that we are in the area that rejected the 2nd ATH in 2021. The daily is in a very similar position but getting choppy.The RSI - Relative Strength Index, a technical indicator used to understand the momentum of a price trend . The RSI helps signal when to buy and sell in a trending market by identifying overbought or oversold conditions in a security.https://www.tradingview.com/x/QG9fV72y/Again, the Vertical lines on the left show you the 2021 ATH points as reference.See how RSI peaks before BTC PA Peaks.We have not been fully OverBought since March 2024. RSI is rising Bullish with Room to move higher, though, again, note how it is in an area were rejection has occurred previously.The Mayer Multiple is a ratio used in trading that compares the current market price of an asset, such as Bitcoin, to its 200-day moving average (SMA) price. This indicator is particularly useful for swing traders to find zones of extreme overbuys and It is generally considered a bullish indicator when the price is above the long-term moving average ( Yellow ) and bearish when the price is below it, although significant deviations from the moving average can indicate overvaluation or undervaluation.https://www.tradingview.com/x/XHa3yTAM/Again, take note of the vertical lines and were this Mayer Multiple was.Again, the tendency is that when this Drops, BTC PA has Ranged to cool off and when it crosses above its Average, it leads to a High on the push higher.And once again, remembering what has been said above, we need to wait to see if this crosses its average or get rejected by it.But as you can see, the Average is more often used as support amd mpt resistance.So, in conclusion, I remain Bullish but with a note of Caution till we get a push higher conformed.We could see a pull back and , if that happens, this maybe the last sensible buying Zone for Bitcoin this time round. The Risk is increasing as more and more coins enter into good profit margins. People may get tempted to sell.On a longer term , this month has confirmed a very bullish intent and we have one week to go before month end. I will expand on this on 2nd JuneThis week. we wait and see how Bitcoin will react.Be Kind to others. The world Needs LOVE