Bitcoin is familiar with $ 105,000, but this flight feeds enthusiasm as much as division. While some analysts anticipate the exhaustion of the bullish cycle, others see it as a simple step towards new records. This symbolic threshold crystallizes the tensions between prudence and euphoria, where each movement of the course becomes an indicator scrutinized with feverishness. Uncertainty reigns, and the upcoming trajectory promises to be more decisive than ever for investors.
In short
- Bitcoin approaches $ 105,000, but this spectacular increase strongly divides analysts.
- Several lowering indicators are identified: divergences, low volumes, surachat according to the Stoch RSI.
- Analysts count on a correction to $ 90,000, despite the apparent solidity of the rebound.
- Other voices, more optimistic, point out that the market could simply consolidate in a well -defined range.
Critical technical signals: the thesis of a breath of the Bull Run
On May 19, Bitcoin recorded a 2.5 % rebound, returning above $ 104,000 after a marked fall of 4 % at the opening of Wall Street. However, this short -term bullish movement does not dissipate growing doubts on the market.
For some technical analysts, Bitcoin displays signs of worrying weakness. THE TRADER Roman Alert In a publication on the X platform on May 19, 2025:
It is not a good fence: we have rejected the resistance, created more downward divergences and experienced an increase with a low volume. The Stoch RSI is also at the top.
His analysis fits into a prudent, even pessimistic perspective, of the short -term evolution of the market.
Several technical elements strengthen this downward reading:
- Visible lowering divergences on Momentum indicators, which reflects a weakening of the dynamics despite the price increase;
- A volume down during the rebound, which suggests a lack of conviction of buyers;
- The RSI, an on-chain data, in the Surachat zone, which, historically, has often preceded market corrections;
- A rejection of the weekly resistance, considered as a classic technical signal of potential reversal.
Novel concludes without detour: “Too many lower signs to be ignored, and that is why I repeat that the Bull Run is probably almost finished”.
This thesis is shared by other traders which evoke, in the coming days, a possible return from the price to the $ 90,000 area, breaking with the dominant optimism since the start of the year.
Critical levels and waiting strategies: the optimists rely on consolidation
Unlike alarmist readings, several votes emphasize that the market could simply cross a consolidation phase, in a still intact structure. The Daan Crypto Trades trader identifies two essential technical levels: “$ 102,000 and $ 106,000”.
According to him, these terminals constitute the bottom and the top of the range in which the price has been changing for one to two weeks. “Monitor a clear break above or below these levels. So far, the price has not maintained a position beyond for more than a day ”,, explain-Al on the social network X on May 19.
This observation highlights a certain short -term market neutrality, pending a strong directional signal.
Another point of vigilance concerns the level of $ 106,600, where a large tender cluster has formed. About 31,000 BTC were acquired at this price on December 16, and the holders have neither sold nor strengthened their positions since. For Rekt Capital, the level of $ 104,400 is strategic. This is the threshold that Bitcoin must keep as a support to succeed in a bullish break.
Despite the apparent volatility, the market could be paused before a possible new summit. The accumulation under resistance, the absence of redistribution on the key areas and the relative stability of the latest sessions plead for a scenario where the Bull Run would be far from finished.
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