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Bitcoin records new historical levels -Analysis-22-05-2025
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Bitcoin records new historical levels -Analysis-22-05-2025
May 25, 2025 7:10 PM

The (BTCUSD) price continued its sharp rise in its last intraday trading, recording new historical levels after reaching our previous target at $110,000, in attempt to breach the psychological barrier and the critical resistance, this rise is supported by renewing the positive momentum, especially with the appearance of positive overlapping signals on the (RSI).

The price managed to offload its clear overbought conditions in its previous trading, which opened the way for achieving more of the gains, and the main bullish trend remains the dominant of the price movement, amid its trading alongside a bullish bias line on the short-term basis, reinforcing the chances for the continuation of the bullish trend in the upcoming trading

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