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Good morning ☕️Bitcoin Bull Flag on the 1-hour chart, target $99,500, invalidation below $97,000 🍀

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🧭 Technical Summary: BTC/USDT Based on the TradingView 4h, 1d, 3d and 1w chart, Bitcoin is trading around $109,689, after reaching an all-time high of $112,000 on May 21. 🔹 4h & 1d On the 4h chart, a consolidation is observed between $107,000 and $110,000, indicating a possible accumulation before a significant move. On the 1d chart, the upward trend is maintained, with important supports at $107,000 and $105,000. 🔹 3d & 1w On the 3d chart, a continuation of the upward trend is highlighted, with a possible target at $115,000, according to Polymarket predictions. On the 1w chart, resistance levels are between $109,588 and $110,000, according to Fibonacci extensions.DL NewsMedium 🔥 Liquidation Map – CoinGlass According to the liquidation map on CoinGlass, there are significant liquidation levels around $105,000 and $110,000. These levels can act as support and resistance areas, influencing market volatility. 🔍 On-Chain Data – Arkham On Arkham Intelligence, there is increased whale activity, with significant transfers to exchanges, indicating possible selling pressure. There is also an increase in active addresses, suggesting increased investor interest. 📰 Relevant News Pakistan has allocated 2,000 MW for data centers and Bitcoin mining, highlighting growing institutional adoption. Texas has approved the creation of a strategic Bitcoin reserve, solidifying the cryptocurrency’s position as a state asset. JPMorgan now allows clients to purchase Bitcoin, marking a significant shift in traditional financial institutions’ stance on cryptocurrencies. 📈 Conclusion The Bitcoin market is showing positive sentiment, supported by technical and fundamental factors. However, it is essential to monitor liquidation levels and on-chain activity to anticipate possible corrections or trend continuations.

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📷 Over the past 30 hours, Bitcoin (BTC) has seen significant volatility, driven by technical and macroeconomic factors. As of May 21, 2025, at 16:55 (Romania time), the price of BTC is hovering around $107,038, marking an increase of approximately 2.5% compared to the previous day. 📈 Recent BTC Price Evolution May 20, 2025: BTC reached a high of $107,270, followed by a correction to $104,199. May 21, 2025: The price fluctuated between $106,136 and $107,855, indicating increased volatility. (StatMuse) This rapid upward movement followed by a sharp correction suggests a possible "fake breakout" or temporary market manipulation. 📰 Macroeconomic Factors and Relevant News Moody's Downgrades US Credit Rating: On May 17, Moody's downgraded the US credit rating, which created uncertainty in financial markets and influenced BTC volatility. Crypto Legislation in the US Congress: On May 19, the US Senate discussed the GENIUS Act bill, aimed at regulating stablecoins. This potential regulation has sparked mixed reactions among investors. Optimistic Forecasts: Analyst Kevin Svenson predicted that BTC could reach $115,000, but stressed that maintaining this trend depends on the performance of the stock market. (The Daily Hodl) 🔍 Technical Analysis and Data from Coinglass Open Interest: Data from Coinglass shows a record open interest of $74.24 billion, indicating intense activity in the derivatives market. Liquidation Heatmap: The liquidation heatmap shows areas of risk around $107,800, with estimated exposures of over $83.83 million, suggesting potential selling pressure in the event of a correction. 🧭 Conclusion BTC’s recent movements reflect a market sensitive to macroeconomic factors and news events. It is essential for traders to closely monitor key support and resistance levels and exercise caution during periods of heightened volatility. (YCharts)

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📉 Bitcoin Price Evolution (May 18–19, 2025) •May 18, 6:00 AM (Romania time): Bitcoin was trading around $103,000. •May 18, 6:00 PM: The price reached a high of $106,540, marking an increase of about 3.4% in a short period. •May 19, 8:00 AM: Bitcoin returned to the level of $102,992, indicating a decrease of about 3.3% from the previous high. This rapid upward movement followed by a sharp correction suggests a possible “fake breakout” or temporary market manipulation. ⸻ 📰 Relevant News and Events 1. JPMorgan’s bullish forecast On May 18, JPMorgan issued a bullish forecast, estimating that Bitcoin could reach $150,000 by the end of 2025, citing factors such as institutional adoption and reduced selling pressure from miners. 2. Market manipulation through fake posts A notable incident occurred when a hacker took control of the official SEC X account (formerly Twitter) and falsely posted that Bitcoin ETFs had been approved. This post led to a temporary increase in the price of Bitcoin by $1,000, followed by a drop of $2,000 after the information was debunked. 3. “Sunday Scam Pump” reported by Crypto Rover On May 18, Crypto Rover warned of a possible “Sunday Scam Pump,” indicating an artificial increase in the price of Bitcoin, followed by a rapid correction. This move has been attributed to coordinated groups attempting to manipulate the market for short-term gains. ⸻ 🔍 Technical Analysis •RSI (Relative Strength Index): The RSI indicator reached high values during the rally, suggesting an overbought condition, followed by a rapid decline. •MACD (Moving Average Convergence Divergence): Signaled a bullish trend during the rally, but began to reverse with the price correction. •Trading Volume: Volume increased significantly during the rally, but quickly decreased after the correction, indicating a possible lack of support for the upward move. ⸻ 🧭 Conclusion Bitcoin’s price movement over the past 30 hours appears to have been influenced by a combination of bullish news and market manipulation.

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Bitcoin on the verge of a new impulse? Technical analysis for the end of the week Bitcoin is in a delicate balance at the end of this week, trading in the area of 103,000 - 105,000 USD, after a period of consolidation. The chart on large timeframes (1D, 3D and 1W) suggests that the market still maintains a bullish structure, but the final decision will depend on the price behavior in front of important resistances. Three positive technical signals: 1. The price is holding above the MA50 and MA200 - a clear indication that the uptrend is still active. 2. The RSI is neutral (not overbought) - which leaves room for a potential continuation of the trend. 3. The MACD recently issued a bullish signal, supporting the prospect of a breakout. Key Areas to Watch: •Strong Support: $100,000 •Critical Resistance: $105,000 •Potential Target: $110,000 if momentum is confirmed with volume The macro context remains Bullish – with increasing institutional interest and a bullish long-term outlook. However, some analysts are warning that a clear rejection from $110,000 could signal the formation of a “double top”, similar to the one in 2021. ⸻ Conclusion Bitcoin seems to be preparing for a new wave of growth, but confirmation will only come from a clear break above $105,000 with strong volume. Otherwise, a prolonged consolidation or a minor correction remain possible scenarios. Until then, we remain in strategic reaccumulation territory.

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Bitcoin a rezistat primului test corectiv , e un lucru bun , acum probabil poate urma un nou val spre 105.000$ daca trece de aceasta zona ( unde e o rezistenta puternica) putem vedea 109.000$ curand. Atât timp cât nu coboram agresiv spre 100.000$ suntem in siguranță.

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