BTC/USD quotes are at a level of 106,910 and continue to move within the context of a corrective development and bearish channel. Moving averages indicate the presence of a short-term bullish trend in Bitcoin. Prices have broken through the area between signal lines upwards, which indicates pressure from buyers of “Digital Gold” and potential continuation of the development of the bearish impulse of asset value already from current levels. In terms of predicting the cryptocurrency course for tomorrow, May 30, 2025, it is advisable to expect an attempt at developing a bearish correction in the value of digital assets and testing the support level near the area of 104,505. From where we can expect another bounce upwards and an attempt at continuing Bitcoin’s rise with a target above the region of 120,605.
Bitcoin Forecast and BTCUSD Analysis for May 30, 2025
Additional signals in favor of the BTC/USD price growth will be a test of the support line on the Relative Strength Index (RSI) indicator. A second signal for this scenario is bouncing off the lower boundary of the bullish channel. Cancellation of the coin value and Bitcoin price rise option would be a drop in asset value and breaking through the area 98055. This will indicate breaking the support zone and continued Bitcoin price decline with a potential target at level 88665. Confirmation of an increase in the asset’s price will come from breaking the resistance area with the price being fixed above the mark 113665.
Bitcoin Forecast and BTCUSD Analysis for May 30, 2025 anticipates a test of the support level near the area of 104505. Afterwards, continuation of the crypto currency growth with a potential target at the level of 120605. 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 occur if it breaches the area of 98055. This would indicate further depreciation of the coin with a potential target below the mark of 88665.
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