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Bitcoin (BTCUSD) - Daily Price Uptrend, Resistance Breakout Test

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Bitcoin (BTCUSD) has been in a recent Daily price Uptrend, rallying up from the $100,000 price support level.

A SMA Golden Cross printed on May 21st, 2025.

Bitcoin price is attempting a resistance zone test and has yet to breakout and hold above the $111,000 to $112,000 price zone.


Resistance levels: $110,000 , $112,000 , $117,000 , $121,000.

Support levels: $108,000 , $107,000 , $105,000 , $104,000 , $100,000.

Recent crypto industry, government legislation news, and institutional crypto purchases have helped to keep Bitcoin price above $100,000 support.

Stock market correlation volatility could also affect the crypto market and prices for the next 30 to 45 days.

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