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

Bitcoin (BTCUSDT) price is currently consolidating above a trendline support level (between $107,000 and $109,000).Bitcoin price has been in an uptrend throughout May 2025.If Bitcoin price closes below $106,000 a pullback could occur down to $104,000 and $100,000.Support Levels: $107K, $105K, $103K, $100K, $95K, $90K.Resistance Levels: $110K, $112K, $120K, $130, $136K, $150.Stock market correlations and corporate earnings could affect short-term price action for Bitcoin (e.g. S&P500, Nasdaq, Dow Jones, Nvidia, Dell, Marvell, etc).Breaking News, corporate earnings and announcements, presidential and government law changes, and consumer sentiment can all affect the price of Bitcoin.