Technical analysis by Crypto_robotics about Symbol BTC: Buy recommendation (5/26/2025)

WHAT HAPPENED?Last week, Bitcoin updated its historical maximum, after which it entered a correction phase. The price tested the key demand zone of $109,200-$106,500 (volume zone), where it encountered buyer activity: sales were absorbed, and a rebound followed.WHAT WILL HAPPEN: OR NOT?At the moment, we’re still in an uptrend. This is evidenced by the unbroken trendline, the reaction during the test of the mentioned zone, as well as the absorption of sales along the delta within it. In the opposite scenario and moving below the slope and the buyer's zone, we expect a decline to $103,000 and a change in the current trend, at least to the sideways.Buy Zones:$109,200–$106,500 (volume area)$103,200–$102,000 (market sell absorption)~$100,000 (aggressive buy volumes)$98,000–$97,200 (local support)$93,000 (support level)$91,500–$90,000 (strong buying imbalance)$88,100–$87,000 (market sell absorption)$85,500–$84,000 (accumulated volume)$82,700–$81,400 (volume zone)$74,800 (support level)$69,000–$60,600 (accumulated volume) IMPORTANT DATESMacroeconomic developments this week:• Tuesday, May 27, 14:00 (UTC) — publication of the US consumer confidence index for May from the Conference Board (CB);• Wednesday, May 28, 02:00 (UTC) — announcement of the New Zealand interest rate decision;• Wednesday, May 28, 18:00 (UTC) — publication of the minutes of the US FOMC meeting;• Thursday, May 29, 12:30 (UTC) — publication of GDP for the first quarter and the results of initial applications for US unemployment benefits;• Friday, May 30, 12:00 (UTC) — publication of the US consumer Price Index for May;• Friday, May 30, 12:30 (UTC) — publication of the basic index of US personal consumption expenditures for April, as well as in comparison with April 2024;• Saturday, May 31, 1:30 (UTC) — the publication of the index of business activity in the Chinese manufacturing sector for May.*This post is not a financial recommendation. Make decisions based on your own experience. #analytics