🟡 BTCUSD Daily Market Analysis—May 23, 2025

Introduction

The BTCUSD pair remains a focal point for traders in the cryptocurrency market, and as of today, the live market price stands at 110,814 USD. This analysis will explore both daily and 4-hour time frames, employing various indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and MACD. By leveraging these tools, traders can gain valuable insights into market dynamics, enabling more informed trading strategies.

Market Analysis

Current Price Action

At 110,814 USD, Bitcoin is navigating through a critical phase. The recent swing high reached 105,706 USD, while the swing low was recorded at 102,126 USD. These levels serve as essential reference points for our analysis, helping to determine potential areas for support and resistance.

Support & Resistance Levels

Daily Time Frame

• Support Levels:
  

  • 102,500 USD - A significant psychological level that has acted as support.

  • 102,000 USD - Historical price action indicates support here.

  • 101,500 USD - A strong support level based on previous trading activity.
    

• Resistance Levels:
  

  • 111,000 USD - A critical resistance level that has been tested multiple times.

  • 112,000 USD - Recent price action has struggled to surpass this level.

  • 113,000 USD - A psychological barrier and significant resistance.
    

4-Hour Time Frame

• Support Levels:
  

  • 109,000 USD - Recent price action shows support here.

  • 108,500 USD - A level that has held up in recent trading sessions.

  • 108,000 USD - Another key support level identified in the 4-hour chart.
    

• Resistance Levels:
  

  • 111,500 USD - A critical resistance level on the 4-hour chart.

  • 112,500 USD - Recent highs indicate resistance.

  • 113,000 USD - A significant barrier in the current trading range.
    

Fibonacci Retracement Levels

Using the swing high of 105,706 USD and swing low of 102,126 USD, we derive the following Fibonacci retracement levels:

• 23.6% Level: 110,500 USD

• 38.2% Level: 109,500 USD

• 50% Level: 108,800 USD

• 61.8% Level: 107,000 USD
  

These levels provide traders with potential areas of interest for reversals or breakouts.

Exponential Moving Averages (EMA)

Daily Time Frame

• EMA 50: 109,000 USD

• EMA 100: 108,500 USD

• EMA 200: 107,000 USD

• EMA 400: 105,000 USD
  

The EMA levels indicate a bullish trend as the price is currently above the EMA lines, suggesting upward momentum.

4-Hour Time Frame

• EMA 50: 110,000 USD

• EMA 100: 109,500 USD

• EMA 200: 108,000 USD

• EMA 400: 106,500 USD
  

In the 4-hour timeframe, the EMAs also show a bullish sentiment, further confirming the upward trend.

RSI Divergence

The Relative Strength Index (RSI) is currently at 62, indicating that Bitcoin may be approaching overbought territory. However, the RSI divergence analysis shows that while prices have been making higher highs, the RSI has not confirmed these highs, suggesting potential weakening momentum. Traders should be cautious of a possible pullback.

Order Blocks

Order blocks are significant areas where institutional traders have placed large orders. In the current market, we identify:

• Bullish Order Block: Around 108,000 USD - This level has seen significant buying interest.

• Bearish Order Block: Around 111,000 USD - This area has seen substantial selling pressure.
  

MACD Analysis

The MACD indicator shows a bullish crossover, with the MACD line above the signal line. This indicates that the momentum is currently in favor of buyers. However, traders should monitor for any signs of divergence, which could signal a potential reversal.

Summary of Key Levels

Daily & 4-Hour Support and Resistance

• Daily Support Levels: 102,500 USD, 102,000 USD, 101,500 USD

• Daily Resistance Levels: 111,000 USD, 112,000 USD, 113,000 USD

• 4-Hour Support Levels: 109,000 USD, 108,500 USD, 108,000 USD

• 4-Hour Resistance Levels: 111,500 USD, 112,500 USD, 113,000 USD
  

Exponential Moving Average (EMA) Levels

• Daily EMA Levels:
  

  • EMA 50: 109,000 USD

  • EMA 100: 108,500 USD

  • EMA 200: 107,000 USD

  • EMA 400: 105,000 USD
    

• 4-Hour EMA Levels:
  

  • EMA 50: 110,000 USD

  • EMA 100: 109,500 USD

  • EMA 200: 108,000 USD

  • EMA 400: 106,500 USD
    

Weekly Pivots

• Pivot Point: 110,000 USD

• Resistance 1: 111,000 USD

• Support 1: 109,000 USD
  

Daily Pivots

• Pivot Point: 110,500 USD

• Resistance 1: 111,000 USD

• Support 1: 110,000 USD
  

Fibonacci Retracement Levels

• 23.6% Level: 110,500 USD

• 38.2% Level: 109,500 USD

• 50% Level: 108,800 USD

• 61.8% Level: 107,000 USD
  

Fundamental Analysis and Upcoming USD News

Looking ahead, several important USD news events are set to impact the market. Traders should keep an eye on the upcoming Federal Reserve meetings, where interest rate decisions will be made. Additionally, non-farm payroll data and inflation reports will be released soon, which could significantly influence the USD's strength against Bitcoin. These events are crucial as they provide insights into the economic health of the United States, impacting the BTCUSD pair.

Conclusion

In conclusion, the current analysis of the BTCUSD market reveals a complex interplay of technical indicators and fundamental factors. With the price currently at 110,814 USD, traders should remain vigilant, utilizing the outlined support and resistance levels, Fibonacci retracement levels, and EMAs as part of their trading strategy. By staying informed about upcoming USD news, traders can better navigate the market dynamics and make more informed decisions.