Main takeout:
Bitcoin’s RSI has decreased by 15% and is now less than excessive threshold.
Bitcoin futures are weakened by 43% reduction in permanent CVDs.
Analysts predict that Bitcoin can reach $ 150,000 as long as the main support level is maintained.
Bitcoin (BTC) prices reached a record high of nearly $ 112,000 on May 23, reaching 50%at the lowest level on April 1. According to the analysts, the price of BTC is now “a sign of mitigation exercise.”
Bitcoin’s rally is $ 111K, causing buyers’ fatigue.
Running to BTC’s recent $ 111,000 has pushed the daily relative robbery index (RSI) into a 79.6 overdue area. But market information company GlassNode added to the latest report:
“These decline can be found in potential pause or reversal in the passion of cooling buyers, reducing the amount of upward momentum and the recent trend.”
According to GlassNode’s additional data, Bitcoin Future Open Interest (OI) rose to an all -time high of BTC, and the financing rate rose, but permanent CVDs rose with a more prudent posture between “strong sales flow” and more prudent attitudes between merchants.
relevant: Bitcoin is $ 110K, but institutional investors continue to BTC.
The chart below shows that Bitcoin’s permanent CVD has dropped significantly from $ 425.4 million to $ 662 million, down 43%.
GlassNode Added:
“Continuous decrease in CVDs emphasizes the dominant sales pressure in Bitcoin’s future market, reflecting the weak feelings.”
Bitcoin trader set a $ 150,000 BTC price target.
According to the data from COINTELELEGRAPH Markets Pro and TradingView, Bitcoin trading was traded at $ 109,600 on May 27. BTC Price has ended more than $ 106,000 over the last seven days, strengthening the importance of this level for buyers.
“Bitcoin is still increasing 106K,” he said to X on May 27.
The accompanying chart showed Bitcoin transactions on the uphill channel for 12 hours and the BTC price target is more than $ 120,000.
Alphabtc said in a post depicting similar technology settings on X on May 22.
“After a record high, I’m watching how $ BTC will be carried out for the next few days. Ideally, it explodes and shows the power to leave the brake out for the future test in the future.”
Mn Capital founder Michael Van de Poppe said Bitcoin was trying to “attack” the all -time high, but could resume $ 102,000 before it rose to more than $ 115,000. He added:
“We are going.”
Crypto’s TITAN predicted the top of the cycle of $ 135,000 at the BTC price when repeating 2024 patterns over the day by using the level after fibonacci.
#Bitcoin 100% fibonacci expansion from $ 135,000#Btc We are duplicating the same pattern. pic.twitter.com/m18vvbaydq
-Crypto’s Titan (@washigorira) May 27, 2025
The fellow analyst REKT CAPITAL showed that BTC was “converted to a prices rising trend 2”, as the BTC was marked on the chart below.
This is similar to the BTC’s price measures between January 2024 and March 2024, when BTC/USD has increased more than 91% to $ 73,000 or more than the previous highest maximum. According to the analyst, if the same scenario is played, the BTC can reach the next $ 150,000.
As reported by COINTELEGRAPH, Bitcoin is looking for the next catalyst that can reach $ 155,000 after successfully resuming the next catalyst to $ 106,000.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.