Bitcoin: New All-Time High – What’s Next? Technical Analysis for May 27, 2025
After reaching a new all-time high, Bitcoin is now stabilizing slightly. Read our full technical analysis and see the key scenarios for BTC.
Bitcoin’s logo appears in a blue background with a bear and a bull, showing opposing signs of strength. A chart can be seen in the background.
In brief
Technical Analysis: Bitcoin finds support around $109,600. Trading volumes are rising, and the overall outlook remains bullish across all timeframes.
Key Levels: Bitcoin is holding below resistance but near important technical points. Its bullish trend stays strong above the previous all-time high.
Market Mood: The market feels optimistic, with significant buying by institutions through ETFs. Investors' risk appetite remains high.
Derivatives Trends: Options and futures markets show a balanced state. Open interest is climbing, and funding rates are slightly positive, supporting an upward bias.
Forecast: Prices remain bullish as long as they stay above $106,790. There is potential for a rise to $112,000. Falling below this could push prices down to $100,000 or even $92,700, depending on broader economic and political factors.
Bitcoin currently trades around $109,600, staying on an upward path after breaking its previous high. The weekly rise of +2.42% shows recovery after a short pause. Weekly trading volume hit $44 billion, a 41% increase.
The long-term trend is clearly bullish, with the 200-week moving average pointing up. The medium-term pace accelerates with the 50-week average, indicating positive momentum.
On a shorter timescale, the 20-week average shows the uptrend continues, but signs of exhaustion are creeping in. Momentum has slightly improved but remains in overbought territory, suggesting a pause rather than a quick surge.
As Bitcoin consolidates under resistance, it stays near key levels with a strong overall trend. Resistance at $110,500 and $112,000 (the old high) are crucial. These could act as sell zones if buyers slow down. On support, levels at $106,790, $100,700, and $91,713 are important for protection and potential buying accumulation.
A recent daily move above $109,346 confirmed a bullish break of the old high, boosting short-term confidence. The monthly pivot point stands at $88,177, far below the current price, serving as a stable reference.
The volume profile shows high activity around $111,434 and low activity near $103,500, indicating balanced market zones. A significant market move could happen if price shifts beyond these areas.