Bitcoin (BTC/USDT) Technical Analysis – May 13, 2025 | 17:30 UTC

🔍 Market Context
Bitcoin continues to exhibit structural bullish behavior, supported by macro-level demand and reduced circulating supply. However, recent momentum indicators signal a possible short-term exhaustion.

📊 Technical Overview (4H Chart)
🔧 Chart Parameters
Timeframe: 4H

Tools Used: Fibonacci Retracement, Volume Profile, Ichimoku Cloud, Pivot Points, RSI, MACD

🔹 Fibonacci Levels
(May 12 Low $101,206 → May 13 High $103,267)
0.236: $102,845
0.382: $102,420
0.5: $102,236
0.618: $102,052

🔹 Pivot Points (Classic)
S3: $101,580
S2: $102,110
S1: $102,650
Pivot: $103,010
R1: $103,550
R2: $103,990
R3: $104,420

🔹 Volume Profile
Weak participation above $103,000, indicating potential resistance and lack of buyer commitment at higher levels.

🔹 Ichimoku Cloud
Price remains above the cloud, maintaining a bullish bias.

Tenkan/Kijun convergence signals possible consolidation in the short term.

📈 Key Price Zones
Support to Watch:
$102,052 (0.618 Fib) – Critical level for bull structure to hold.

$101,206 – Previous swing low; breakdown may trigger broader correction.

Resistance to Watch:
$103,550 (R1) – Major breakout point.

$105,819 – All-time high, if momentum accelerates.


Order Flow: Block buying activity detected between $101,500–$102,000 (potential accumulation)

📉 Summary
Bitcoin is range-bound between $102,000–$103,500 ahead of key macro events.

Breakout Confirmation: Above $103,550 → Targets $105K+

Breakdown Signal: Below $102,000 → Opens path to retest $101,206

⚠️ Always use proper risk management. Backtest every scenario. No guarantees in live markets.