Key points:
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Bitcoin is convincing merchants that an upward break is just around the corner, with maximums of all time in sight.
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An objective requires $ 116,000 next week, moving BTC/USD firmly outside its narrow range.
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A fast dip before continuing higher is one of the options for the action of the BTC price in the new week.
Bitcoin (BTC) reduced volatility to a minimum to the weekly closure of May 18 as merchants with a new break.
BTC Price Brews Signal Breakout Classic
Co -Intelegraph Markets Pro and TrainingView data showed the area around $ 103,000 acting as a BTC price magnet over the weekend.
Now barely fluctuating up or down, BTC/USD was prepared for liquuidity grip, with $ 105,000 and $ 103,000 both objectives, confirmed the data of the monitoring of the resource coingla.
When commenting on the current structure of the market, merchants remained widely optimistic, anticipating a rematch with historical maximums and the return of price discovery.
“The next Bitcoin objective of first week: $ 116,000”, the popular merchant Alan summarized in his last short -term prediction in X.
A companion table stressed the lack of volatility that characterized BTC/USD during the past week.
“$ BTC is brewing within this triangle converges with a decreasing volume, which is a common indicator of potential for a break,” Alan added.
Mikybull Crypto merchant partner described the structure of the market as a “intra -diamond pattern outbreak.”
$ BTC Intra -diamond patterns breakout pic.twitter.com/gmgmub7ntt
– Mikybull 🐂Crypto (@mikybullCrypto) May 18, 2025
“With the recent race, we have seen a consistent cousin of Coinbase Spot. This is good and shows that there is a solid demand,” continued the merchant Daan Crypto Trades, referring to the promising that the American buyer supports the return of Bitcoin to six figures.
Steps on outstanding resistance
The most conservative perspectives were limited to a temporary setback before the advantage resumed.
Related: Bitcoin reached $ 220k ‘reasonable’ in 2025, says gold -based prognosis
“Slow Week and Bitcoin have not been able to break the resistance so far, which still makes me think that this scenario could be possible at stake,” the Crypnuevo merchant suggests.
Daan Crypto Trades added that against actions, Bitcoin had not yet exceeded the final resistance.
$ BTC He has not managed to push higher in relation to the actions.
The recently relative weakness has come after the United States has made an “agreement” with China.
This shows that BTC has become this asset that becomes interesting for investors when exits and uncertainty occur in other places.
So while … https://t.co/hshazxgm21 pic.twitter.com/uepzngwjff
– Daan Crypto Trades (@dancryptto) May 17, 2025
As Cointegraph reported, the longer term conerns include a complete relief rebound, rescued by BTC/USD of Multimonth minimums about $ 75,000 in April.
A sweep or levels closer to $ 90,000 is also on the radar.
This article does not contain advice or investment recommendations. Each investment and trade movement implies risk, and readers must carry out their own investigation by making a decision.
