Bitcoin BTC/USD ends the trading week at a level of 110745 and continues its movement within the framework of growth development and bull channel. Moving averages indicate the presence of an upward trend. Prices broke through the area between signal lines upwards, which indicates buying pressure on the asset and potential continuation of price increases in BTCUSD quotations. Currently, it is advisable to anticipate a development attempt of a bearish price correction for the coin and testing the support area near the level 103405. From there, one should expect a bounce up and continued growth of the Bitcoin course with a potential target above the level 136505.
Bitcoin Weekly Forecast BTC/USD May 26 — 30, 2025
Additional confirmation for the rise in the BTC/USD price during the current trading week of May 26 — 30, 2025, will be a bounce off the lower border of the bullish channel. The second signal will be a rebound from the support line on the Relative Strength Index (RSI) indicator. Cancellation of the Bitcoin rise option for this current trading week would be a drop and a breakthrough the area of 94605. This would indicate breaking through the support zone and continued decline in BTC/USD quotes with a potential target below the level of 86505. Confirmation of the bull movement development would be breaking through the resistance area and closing prices above the level of 115605.
Bitcoin Weekly Forecast BTC/USD May 26 — 30, 2025 anticipates an attempt at testing the support area near the level of 103405. Then, a continuation of the cryptocurrency’s growth to levels above 136505. An additional signal in favor of Bitcoin’s price rise on this current trading week would be a test of the trend line on the Relative Strength Index (RSI) indicator. Cancellation of the scenario of rising quotes’ values for the Bitcoin cryptocurrency will occur if there is a drop and a breakthrough the area of 94605. In that case, we should expect further price decline with an objective at a level of 86505.
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