BTC/USD spot prices are at 110,173 and continue to move within a bullish growth development and channel. Moving averages indicate the presence of a short-term upward trend in Bitcoin. Prices broke through the area between signal lines upwards, indicating pressure from “Digital Gold” buyers and potential continuation of the bearish momentum’s value already from current levels. Within the cryptocurrency’s price forecast for tomorrow, May 28, 2025, it is expected to see a move towards a bearish correction in the digital asset’s value and testing the support level close to the area around 106,505. From there, another rebound upwards and an attempt to continue Bitcoin price growth with a target above the region of 112,465 is expected.
Bitcoin Forecast and BTC/USD Analysis for May 28, 2025
Additional confirmation of the BTC/USD price increase will be when testing the support line on the Relative Strength Index (RSI). The second signal for this scenario would be a bounce off the lower boundary of the bull channel. A decline in the asset’s value and penetration of the 103,665 area will invalidate the option of the coin and Bitcoin price increase. This indicates a break through the support zone and continued fall in the Bitcoin course with a potential target level at 96,535. Confirmation of the asset price increase would be a breakout above the resistance area with the price holding above the mark of 113,065.
Bitcoin Forecast and BTC/USD Analysis for May 28, 2025 anticipates a test of the support level near the area of 106,505. Afterwards, continuation of the crypto currency growth with potential target at the level of 112,465. An additional signal in favor of Bitcoin’s price rise will be testing the support line on the Relative Strength Index (RSI) indicator. Cancellation of the digital currency’s upward trend would be a breach of the area of 103,665. This would indicate further coin decline with potential target below the mark of 96,535.
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