As of May 25, 2025, Bitcoin is trading at $107,259 with a market capitalization of $2.13 trillion. Over the past 24 hours, trading volume reached approximately $24.98 billion, with an intraday range between $106,954 and $109,225, reflecting short-term volatility and active market participation.
Hourly Chart: Base Formation Attempt
The hourly chart shows Bitcoin attempting to base after a minor downtrend, stabilizing near $106,765. Recent price action suggests a potential double-bottom formation or a subtle bullish divergence between price and volume. Volume has declined on down moves but shows a modest uptick accompanying green candles, signaling a possible momentum shift. Aggressive intraday traders may find scalping opportunities entering between $107,000 and $107,300 with tight stops below $106,700. More cautious participants can consider entering after a break above $108,000, targeting $108,800 to $109,500 while trailing stops.
4-Hour Chart: Rounded Top Pattern
On the 4-hour timeframe, Bitcoin is following a rounded top pattern, initiating a downward structure after the $112,000 peak. A sequence of lower highs and lows has materialized, with bearish volume surging during the drop from $111,000 to $107,000, underscoring seller dominance. Short-term traders may identify an opportunity if the price rebounds from the $106,500–$107,000 region with diminishing sell volume. Conversely, a bullish crossover above $108,500 with supporting volume could represent a valid reversal entry point. Potential exits lie within the $109,500 to $110,000 range, but a decisive move above $110,000 is needed to shift the current bias.
Daily Chart: Broader Uptrend, Healthy Pullback
From a daily perspective, Bitcoin remains in a broader uptrend despite rejection at the psychological resistance of $112,000. Support lies between $104,000 and $106,000, an area to monitor for stabilization and potential bullish reversal signals. Volume data highlights a surge in selling during the retreat from $112,000, indicative of profit-taking rather than structural weakness. Swing traders should look for strong bullish confirmation near the $106,000 mark before initiating long positions, targeting the $112,000 resistance for profit realization.
Key Oscillators and Moving Averages
Most oscillators display a neutral stance with subtle bearish undertones. The Relative Strength Index (RSI) is at 63, signaling a non-committal stance. The Stochastic oscillator and Commodity Channel Index (CCI) are at 60 and 81, respectively, indicating neutral momentum. The Average Directional Index (ADX) stands at 33, revealing a lack of dominant trend strength. However, both the momentum indicator (3,575) and MACD (3,700) signal sell actions, hinting at short-term bearish pressure. Meanwhile, all exponential and simple moving averages from the 10-period to the 200-period are currently aligned in buy mode. The 200-period EMA at $89,658 and SMA at $93,966 underscore broad upward price structure, providing a solid floor for the long-term trend.
Fibonacci Retracement Levels
Key Fibonacci retracement levels across timeframes delineate crucial support and resistance zones. On the daily chart, the 38.2% level at $101,294 and 50% at $97,987 serve as potential accumulation zones in case of further declines. The 4-hour chart emphasizes support between $107,199 (61.8%) and $108,116 (50%), aligning with intraday bounce zones. The hourly chart marks critical retracements at $107,810 and $108,133, strengthening near-term support around $107,800.
Bullish and Bearish Views & Final Take
Bull Verdict: The alignment of all major moving averages in buy territory, alongside the potential double-bottom formation on the hourly chart, favors a bullish continuation. If Bitcoin holds above $107,000 and reclaims $108,500 with volume confirmation, a renewed attempt at $112,000 appears viable. Longer-term trend structures remain intact, supporting upward momentum barring any macroeconomic shocks.
Bear Verdict: Despite the upward trajectory on broader timeframes, recent price rejection at $112,000 and sell signals from the momentum indicator and MACD suggest caution. Failure to hold support near $107,000 or a break below $106,700 could accelerate a move toward deeper retracement levels at $104,000 and $101,294, exposing Bitcoin to further correction.
Final Take: Bitcoin is at a technical crossroads, with bullish structure still valid but facing short-term headwinds. Traders should stay adaptive—favoring long setups above $108,500 and preparing for deeper support testing if $106,700 fails. Confirmation through volume and price action is essential before committing to directional trades. Risk management remains paramount in this volatile phase.