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Bitcoin Update 25 May

bitcoinastro369
Jul 22
1 min read

 Since the low we hit around 74k, we’ve seen a bounce, but price is still trading below the main trend line.

There is still a chance we break above it short term and retest the 78,400 region, but for now I’m still expecting rejection around that level.At the moment:It’s mostly sideways chop and consolidation.The 26th may end up acting as a:➡️ Lower highWe have too many negative astrological aspects this week to ignore, and the planetary movements I’m tracking are still pointing toward downside pressure.

Key LevelsBullish ScenarioIf we:Hold 74k this weekBreak above 78,400And flip it into support…then that becomes quite bullish structurally. Bearish Scenario: If we break below: 74k, then the first downside target becomes: 72k. Bigger Picture: The close of this week and especially this monthly candle should give us a much clearer picture of whether: This is just consolidation before continuation higherorThe broader downtrend is resuming🇺🇸 Market ContextUS markets are closed today (Monday 25th) due to Memorial Day, so volume is lower than usual.👉 We should see the real reaction and stronger price action starting tomorrow on the 26th, which also happens to be one of the main pivot dates. More updates soon. Bitcoin Astro

 
 
 

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