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BTC 1-Day Analysis – May 19, 2025


Bitcoin is currently trading around $105,928.10 (₹90,44,603), up 2.7% in the last 24 hours. Price is testing resistance near $106K and hovering close to the 100 EMA on the 1D chart.

Technicals:

Trend: Sideways with Bullish Bias

Support: $101,500

Resistance: $106,000

RSI: Neutral (48)

MACD: Slight bullish crossover

Observation:
Low volume and tightening price action suggest a breakout is nearing. A move above $106K may trigger a rally, while failure could bring a retest of $101K.

#bitcoin# #CryptoObservers#
BTC0.27%
NEAR2.69%
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BeautifulDayvip
· 06-03 03:46
HODL Tight 💪
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TheRealBabavip
· 06-03 03:37
😐😐😐
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Szerovip
· 05-19 04:03
HODL Tight 💪
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