Bitcoin Technical Analysis : BTC/USD 16 May 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 16 May 2025

Momentum : Up

First Scenario : long positions above 103,498.33 with targets at 104,532.09, 105,104.03 and 105,829.82

Second Scenario : short positions below 103,498.33 with targets at 102,717.65, 102,162.14 and 101,494.03

Comment : There is no clear trend in the price movement.

Supports and resistances :

105,829.82 **
105,104.03 *
104,532.09
104,106.48 - Last price
102,717.65
102,162.14 *
101,494.03 **

Warning : This information is not a buy-sell signal.