Technical analysis by Elite_Gold_Mines about Symbol BTC: Buy recommendation (5/28/2025)

Since the Bitcoin has hit all time high it has been working under the range 110500 and 106500. as now we know that market is range bound that means breakout of any area would determine the next trend currently market has dropped back to the supporting area and this area at the moment can be better for buy. i think market will go further high because is not done with this high and is looking for a higher position than the current high. and because of that determination of the investors and the community market has not dropped as it was suppose to after hitting new high.there are three supporting areas best for buying 106500, 104500 and 101500 while the resistance ahead is 111000 and 112000.Setting three targets now 109500, 111500 and 115000