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Technical analysis by BenMcyInsights about Symbol BTC on 5/27/2025

https://sahmeto.com/message/3556648
BenMcyInsights
BenMcyInsights
Rank: 943
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1️⃣ Market StructureBTC remains ultra bullish. A new high was hit last week at 112K.Since then, price is consolidating slightly around 110K with no major weakness showing.2️⃣ Key Levels📍 Main support: 108K (previous ATH)🎯 Current resistance: 112K🧭 Fibo extensions: targets projected at 130K–135K3️⃣ Context & Momentum🏦 Institutional interest remains strong💵 Weakening USD = bullish for BTC⚖️ Overall sentiment still favors upside despite market caution4️⃣ Scenarios to watch📈 Bullish: Break above 112K could trigger a run to 130K+📉 Bearish: Break below 108K may open room for a retest of 103–100K✅ ConclusionBTC is gearing up for the next leg. As long as 108K holds, the bias stays bullish.📆 This week could be the one that triggers the breakout.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$110,256.05
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