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Btc Usd Market Snapshot May 12 2025

BTC/USD Market Snapshot – May 12, 2025

  • Admin
  • 12 May, 2025

Article overview

📊BTC/USD Market Snapshot – May 12, 2025
🔹Current Price: 104,103.42
🔹Timeframe: 1H

📌Key Demand Zone (Support):
🟢 102,322–102,505 – Clean base of the bullish impulse; price respecting this zone multiple times

📈Bullish Outlook:
Price is consolidating in a tight range after a strong impulsive move. As long as the 102,322 zone holds, BTC remains bullish. Break above recent highs could target 105,000+.

📉Bearish Scenario:
If price breaks and closes below the 102,322–102,505 demand zone, expect deeper correction toward 101,000 and 99,800 levels.

⚠️FX Tip:
✅ Use LTF confirmation (5M–15M BOS/CHoCH) for entries
✅ Avoid chasing breakouts – wait for retest
✅ Maintain clear RR plan with tight stops

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