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Bitcoin Reclaims $100K: Analyzing the Rally, Key Levels to Watch, and June Outlook with Crypto Willy
Crypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.
Hey there, fellow crypto enthusiasts! Crypto Willy here with your weekly crypto roundup for the second week of May 2025.
The big story this week? Bitcoin has officially reclaimed the $100,000 level! After months of speculation, BTC crossed this psychological threshold last week and has been holding steady. As of today, May 13th, Bitcoin is trading around $106,860, showing remarkable stability above the six-figure mark.
Looking at the charts, several key resistance levels are worth watching. Technical analysts have identified $107,000 and $120,000 as crucial overhead areas that could determine Bitcoin's next major move. The V-shaped recovery we witnessed has reinvigorated the bull market, confirming what many of us had been hoping for.
PlanB, the creator of the Stock-to-Flow model, released a new prediction video on May 11th highlighting this recovery and suggesting continued upward momentum. If you haven't checked out his analysis on planbtc.com, it's definitely worth your time for the longer-term perspective.
For the immediate future, forecasts suggest Bitcoin could reach around $114,187 by tomorrow, May 14th. The market is showing a healthy 9.52% growth rate, which is sustainable without overheating. The technical indicators I'm watching suggest we might see prices fluctuate between $105,000 and $107,810 through the weekend.
If you're planning your trades for the coming weeks, keep an eye on the $110,000 level – breaking through this could trigger another leg up. Conversely, any pullback toward the $95,000-$97,000 range would likely present a strong buying opportunity as these levels should provide solid support.
The current rally differs significantly from previous cycles. Remember back in late 2022 when Bitcoin was struggling? Fast forward to today, and we've seen it climb to nearly $95,000 by early May before pushing past $100,000. This isn't just speculation anymore – we're seeing real adoption and institutional interest driving price action.
For June outlook, much depends on the Federal Reserve's next moves and whether the market can maintain momentum. The critical $100K level needs to hold if we want to see continued upside. If momentum indicators like the RSI cool down while price holds steady, we could see a healthy accumulation phase before the next push higher.
That's all for this week's update! This is Crypto Willy, reminding you to always do your own research and never invest more than you can afford to lose. Catch you next week for another crypto market breakdown!
Get the best deals https://amzn.to/3ODvOta
Hey there, fellow crypto enthusiasts! Crypto Willy here with your weekly crypto roundup for the second week of May 2025.
The big story this week? Bitcoin has officially reclaimed the $100,000 level! After months of speculation, BTC crossed this psychological threshold last week and has been holding steady. As of today, May 13th, Bitcoin is trading around $106,860, showing remarkable stability above the six-figure mark.
Looking at the charts, several key resistance levels are worth watching. Technical analysts have identified $107,000 and $120,000 as crucial overhead areas that could determine Bitcoin's next major move. The V-shaped recovery we witnessed has reinvigorated the bull market, confirming what many of us had been hoping for.
PlanB, the creator of the Stock-to-Flow model, released a new prediction video on May 11th highlighting this recovery and suggesting continued upward momentum. If you haven't checked out his analysis on planbtc.com, it's definitely worth your time for the longer-term perspective.
For the immediate future, forecasts suggest Bitcoin could reach around $114,187 by tomorrow, May 14th. The market is showing a healthy 9.52% growth rate, which is sustainable without overheating. The technical indicators I'm watching suggest we might see prices fluctuate between $105,000 and $107,810 through the weekend.
If you're planning your trades for the coming weeks, keep an eye on the $110,000 level – breaking through this could trigger another leg up. Conversely, any pullback toward the $95,000-$97,000 range would likely present a strong buying opportunity as these levels should provide solid support.
The current rally differs significantly from previous cycles. Remember back in late 2022 when Bitcoin was struggling? Fast forward to today, and we've seen it climb to nearly $95,000 by early May before pushing past $100,000. This isn't just speculation anymore – we're seeing real adoption and institutional interest driving price action.
For June outlook, much depends on the Federal Reserve's next moves and whether the market can maintain momentum. The critical $100K level needs to hold if we want to see continued upside. If momentum indicators like the RSI cool down while price holds steady, we could see a healthy accumulation phase before the next push higher.
That's all for this week's update! This is Crypto Willy, reminding you to always do your own research and never invest more than you can afford to lose. Catch you next week for another crypto market breakdown!
Get the best deals https://amzn.to/3ODvOta
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By Quiet. PleaseCrypto Market Analysis: Daily Bitcoin, Ethereum & DeFi Updates podcast.
Hey there, fellow crypto enthusiasts! Crypto Willy here with your weekly crypto roundup for the second week of May 2025.
The big story this week? Bitcoin has officially reclaimed the $100,000 level! After months of speculation, BTC crossed this psychological threshold last week and has been holding steady. As of today, May 13th, Bitcoin is trading around $106,860, showing remarkable stability above the six-figure mark.
Looking at the charts, several key resistance levels are worth watching. Technical analysts have identified $107,000 and $120,000 as crucial overhead areas that could determine Bitcoin's next major move. The V-shaped recovery we witnessed has reinvigorated the bull market, confirming what many of us had been hoping for.
PlanB, the creator of the Stock-to-Flow model, released a new prediction video on May 11th highlighting this recovery and suggesting continued upward momentum. If you haven't checked out his analysis on planbtc.com, it's definitely worth your time for the longer-term perspective.
For the immediate future, forecasts suggest Bitcoin could reach around $114,187 by tomorrow, May 14th. The market is showing a healthy 9.52% growth rate, which is sustainable without overheating. The technical indicators I'm watching suggest we might see prices fluctuate between $105,000 and $107,810 through the weekend.
If you're planning your trades for the coming weeks, keep an eye on the $110,000 level – breaking through this could trigger another leg up. Conversely, any pullback toward the $95,000-$97,000 range would likely present a strong buying opportunity as these levels should provide solid support.
The current rally differs significantly from previous cycles. Remember back in late 2022 when Bitcoin was struggling? Fast forward to today, and we've seen it climb to nearly $95,000 by early May before pushing past $100,000. This isn't just speculation anymore – we're seeing real adoption and institutional interest driving price action.
For June outlook, much depends on the Federal Reserve's next moves and whether the market can maintain momentum. The critical $100K level needs to hold if we want to see continued upside. If momentum indicators like the RSI cool down while price holds steady, we could see a healthy accumulation phase before the next push higher.
That's all for this week's update! This is Crypto Willy, reminding you to always do your own research and never invest more than you can afford to lose. Catch you next week for another crypto market breakdown!
Get the best deals https://amzn.to/3ODvOta
Hey there, fellow crypto enthusiasts! Crypto Willy here with your weekly crypto roundup for the second week of May 2025.
The big story this week? Bitcoin has officially reclaimed the $100,000 level! After months of speculation, BTC crossed this psychological threshold last week and has been holding steady. As of today, May 13th, Bitcoin is trading around $106,860, showing remarkable stability above the six-figure mark.
Looking at the charts, several key resistance levels are worth watching. Technical analysts have identified $107,000 and $120,000 as crucial overhead areas that could determine Bitcoin's next major move. The V-shaped recovery we witnessed has reinvigorated the bull market, confirming what many of us had been hoping for.
PlanB, the creator of the Stock-to-Flow model, released a new prediction video on May 11th highlighting this recovery and suggesting continued upward momentum. If you haven't checked out his analysis on planbtc.com, it's definitely worth your time for the longer-term perspective.
For the immediate future, forecasts suggest Bitcoin could reach around $114,187 by tomorrow, May 14th. The market is showing a healthy 9.52% growth rate, which is sustainable without overheating. The technical indicators I'm watching suggest we might see prices fluctuate between $105,000 and $107,810 through the weekend.
If you're planning your trades for the coming weeks, keep an eye on the $110,000 level – breaking through this could trigger another leg up. Conversely, any pullback toward the $95,000-$97,000 range would likely present a strong buying opportunity as these levels should provide solid support.
The current rally differs significantly from previous cycles. Remember back in late 2022 when Bitcoin was struggling? Fast forward to today, and we've seen it climb to nearly $95,000 by early May before pushing past $100,000. This isn't just speculation anymore – we're seeing real adoption and institutional interest driving price action.
For June outlook, much depends on the Federal Reserve's next moves and whether the market can maintain momentum. The critical $100K level needs to hold if we want to see continued upside. If momentum indicators like the RSI cool down while price holds steady, we could see a healthy accumulation phase before the next push higher.
That's all for this week's update! This is Crypto Willy, reminding you to always do your own research and never invest more than you can afford to lose. Catch you next week for another crypto market breakdown!
Get the best deals https://amzn.to/3ODvOta