Here are the latest recommendations and technical analyses for Bitcoin (BTC) for Wednesday, May 21, 2025, with a forecast until the end of the week:

🔍 Current technical analysis

• Current price: Bitcoin is currently trading around $103,000, after facing strong resistance at $105,000 in the past few days. 

• Main resistances:

• $105,000: Strong resistance level tested multiple times.

• $106,000: Breaking this level could open the door to higher levels.

• $110,000: Important psychological level, surpassing it could push the price towards $125,000.  

• Main supports:

• $100,000: Strong psychological support.

• $96,000: Corresponds to the 50-day moving average.

• $84,000: Structural support in case of a deep correction.  

📈 Daily recommendations

• Short-term buy trade:

• Entry point: Upon a clear break of the level of $103,710 and holding above it for at least an hour.

• Stop loss: $102,600.

• Targets:

• First target: $105,000.

• Second target (optional for advanced): $112,000.

• Short-term sell trade:

• Entry point: If the price breaks the level of $102,600.

• Targets:

• First target: $96,000.

• Extended target: $84,000.

📅 Forecast until the end of the week

• Positive scenario: If Bitcoin manages to break the level of $110,000 and holds above it, we may witness a new upward wave targeting levels of $125,000.  

• Negative scenario: If the price fails to break the current resistance and falls below $100,000, the price may head towards support levels at $96,000 or even $84,000 if selling pressure continues.

⚠️ Investor tips

• Carefully monitor the mentioned support and resistance levels, and be prepared to react to market movements.

• Use stop-loss orders to protect your capital, especially in the face of high volatility. 

• Avoid making investment decisions based on emotions or fear of missing out (FOMO). 

• Follow economic and geopolitical news that may affect the cryptocurrency market.

Please note that trading in cryptocurrencies involves high risks, and you should do your own research and consult a financial advisor before making any investment decisions.

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