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🔥 Bitcoin Nears ATH — One Final Push or a Fakeout? Bitcoin

fulldeg

Updated at: 3 hours ago

{"content":"🔥 Bitcoin Nears ATH — One Final Push or a Fakeout? Bitcoin again rose beyond $105,500. BTC is stabilizing and may reach $108,000. Bitcoin rose again from $102,500. The price is over $103,500 and the 100-hour SMA. On the hourly BTC/USD chart, a bullish trend line with support around $104,200 is formed. If it breaks $106,000, the pair may rise. Bitcoin Gains Continue Bitcoin left the $102,500 support zone and rose. BTC built a base and broke $103,500 barrier. The bulls pushed it beyond $104,200. Bulls drove prices beyond $105,000. After hitting $107,042, the price is correcting. Price fell below $105,500. The price fell below the 50% Fib retracement line of the $103,346 swing low to $107,042 high. It stays steady at $104,000. On the hourly BTC/USD chart, a bullish trend line with support around $104,200 is formed. Bitcoin is over $104,500 and the 100-hour SMA. Close to $105,500 is immediate upward barrier. First major resistance is around $106,000. The next hurdle may be $107,500. A closing above $107,500 resistance might boost prices. The price may soar to $108,800 resistance. New advances might push the price beyond $110,000 and an all-time high. Another BTC Drop? Bitcoin may correct again if it fails to break $105,500. Near $104,500 is immediate downside support. First big support is between $104,200 and the trend line. Around $103,500 is the next support. More losses might push the price toward $102,200. BTC may go below $100,500, the primary support. The technical indications Hourly MACD - MACD is falling in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $104,200, $103,500. Key Resistance Levels: $105,500, $106,000. #BTC #SaylorBTCPurchase #CryptoRegulation $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/19/0b13d79d1a3b4595a76586be2f6dedda.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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