empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

23.05.202504:45 Forex Analysis & Reviews: Bitcoin Forecast for May 23, 2025

On Thursday, Bitcoin's price reached the target level of 111,770. The Marlin oscillator appears to be lagging behind the price, giving the impression of a potential divergence — though unconventional. For now, we adhere to the scenario of the oscillator developing within a long-term upward channel.

Exchange Rates 23.05.2025 analysis

A correction from the current level is certainly possible. The reference level is 109,985, which corresponds to the January 20 high. A decline to this support level would not significantly affect the overall bullish trend. At this stage, Marlin becomes the key indicator — it should remain above the lower boundary of its channel.

Once the correction is complete and the price breaks above 111,770, the next target will be 115,050 — the upper line of the price channel — followed by 117,400, which represents the 361.8% Fibonacci reaction level from the primary wave in the first half of April.

Exchange Rates 23.05.2025 analysis

On the 4-hour chart, the price has formed a triangular consolidation pattern below the 111,770 level, while the Marlin oscillator is declining. This creates the setup for an upward move from a lower base. We now await the correction's end.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

Gane de los tipos de cambio de las criptomonedas con InstaSpot
Descargue el MetaTrader 4 y abra su primera operación
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.