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SYSTEM PROCESSING...
L4U270)/K1}1>0U@5KN4R@*3Q*F
SYSTEM PROCESSING...
Posted: 2025-05-01 10:23:31 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-01 10:23:50 UTC
Verified By
Rollup News
Bitcoin's monthly performance closed bullish, with a 14% increase in May despite global tariff concerns, suggesting investors view it as a hedge against stocks. The RSI above 58 indicates a continuing bull run, potentially leading to a parabolic move in the next 6-12 months. The trend mirrors previous cycles, with market maturation leading to consolidation rather than rapid jumps. Key resistance is at $110,000, with support at $74,000, and a target of $150k-$250k is expected in the next 12 months. While corrections are possible, the overall outlook is a bullish reversal.
Bitcoin's 14% increase in May despite global tariff concerns.
RSI above 58 indicates a continuing bull run.
Market maturation leading to consolidation.
Expected target of $150k-$250k in the next 12 months.
Potential market corrections.
Global tariff war impacting investor sentiment.