Categories: Technical analysis

Bitcoin Wave Analysis – 22 May 2025

Bitcoin: ⬆️ Buy

– Bitcoin broke key resistance level 108055.00

– Likely to rise to resistance level 115000.00

Bitcoin cryptocurrency pair recently broke above the key resistance level 108,055.00 (former monthly high from December and January, as can be seen below).

The breakout of the resistance level 108055.00 accelerated the active minor impulse wave 5 of the intermediate impulse wave (3) from the start of April.

Bitcoin cryptocurrency can be expected to rise to the next resistance level 115,000.00 (which is the target price for the completion of the active minor impulse wave 5).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: Bitcoin

Recent Posts

CHFJPY Wave Analysis – 9 January 2026

CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…

1 hour ago

Exxon Mobil Wave Analysis – 9 January 2026

Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…

1 hour ago

Pro News Weekly: Dollar Rebounds as Markets Test New Limits

Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…

6 hours ago

Geopolitics will destroy the euro

•    EURUSD falls due to geopolitics and expectations of tariff removal •    Gold returns to…

13 hours ago

Platinum Wave Analysis – 8 January 2026

Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…

1 day ago

Baidu Wave Analysis – 8 January 2026

Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…

1 day ago

This website uses cookies