<ul><li>Bitcoin has surged to new heights amidst a fragile global macroeconomic environment marked by spiking bond yields in the US and Japan, sluggish global growth, and low American consumer confidence.</li><li>The changing market conditions are now supporting Bitcoin's rise, reflecting a shift in investor psychology towards redefining risk and refuge, with Bitcoin emerging as a credible alternative amid the escalating US debt crisis and high Treasury yields.</li><li>BTC is currently trading at $109,462, having bounced back from the $73,500 support level, showing a 'Higher High Higher Low' pattern on the weekly timeframe with a 49.7% surge from recent lows to reach an all-time high of $111,980.</li><li>Key levels for BTC include strong support at $100,000 and $90,000, while facing resistance at $125,000 and $130,000 as per the technical analysis report dated 26th May 2025.</li></ul>

Bitcoin Technical Analysis Report – 26th May 2025

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