22.05.202518:12 Forex Analysis & Reviews: Trading Signals for BITCOIN for May 22-25, 2025: sell below $111,850 (+2/8 Murray - 200 EMA)

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Bitcoin reached highs above $111,850 near the +2/8 Murray area, which represents an extreme overbought zone.

Bitcoin could suffer a sharp decline in the coming days and reach the bottom of the uptrend channel around 106,250 and could even reach the 200 EMA around the psychological level of $100,000.

Technically, Bitcoin is approaching extreme price levels, so a sharp correction is likely in the coming days. Technically, we are seeing an exhaustion of bullish strength, and practically, this could be seen as an opportunity to sell below $112,500.

Eventually, if Bitcoin breaks above 112,500 and fails to consolidate above this zone, it will be seen as a signal to sell, as technically, Bitcoin could undergo a sharp downward acceleration, and we believe it could reach $100,000 in the short term.

Our trading plan for the next few hours is to sell below $112,500 or around $111.850, with targets at 108,500, 107,099, and finally around +1/8 Murray at 106,250.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.