Technical analysis by Cryptorphic about Symbol BTC on 5/28/2025

BTC Daily Close UpdateBitcoin closed at $108,951, marking another failed attempt to break through the $111K resistance.It’s been nearly 8 days of consolidation just below this level. That’s not ideal, and it signals we may need a fresh catalyst to push higher.Not bearish, just cautious.As long as the blue EMA holds on the daily, the uptrend remains intact.Still watching for a move toward $117K.DYOR, NFAPlease show your support with your likes.Thank you#PEACE