Bitcoin Market Analysis & 7-Day Forecast (May 30 – June 5, 2025)

• 4-Hour RSI: Currently at 49, indicating a neutral momentum. This suggests that the market is neither overbought nor oversold in the short term.
  
• 1-Day RSI: Hovering around 60, which leans towards bullish territory but not yet in the overbought zone. This implies potential for upward movement, but caution is advised.
  
• Moving Averages: BTC is trading above its 20-day and 50-day Exponential Moving Averages (EMAs), which are at $102,822 and $100,890 respectively. This alignment supports a bullish outlook.
  
• Support and Resistance Levels: Immediate support is found at $100,000, with strong resistance near the recent high of $111,970.
  

• Institutional Adoption: Significant institutional interest is evident, with companies like MicroStrategy holding over 580,000 BTC as of May 25, 2025.
  
• Regulatory Environment: The establishment of the U.S. Strategic Bitcoin Reserve and favorable policies under the Trump administration have bolstered market confidence.
  
• ETF Inflows: Continued inflows into Bitcoin ETFs indicate sustained investor interest and trust in the asset's long-term value.
  

1. May 30, 2025: $105,600 – Consolidation phase with neutral RSI suggesting limited volatility.
   
2. May 31, 2025: $106,935 – Anticipated slight uptick as market stabilizes.
   
3. June 1, 2025: $108,270 – Gradual increase driven by positive market sentiment.
   
4. June 2, 2025: $109,500 – Testing resistance levels; watch for potential breakout.
   
5. June 3, 2025: $110,800 – Possible retest of all-time high; monitor RSI for overbought signals.
   
6. June 4, 2025: $112,000 – If momentum continues, new highs could be achieved.
   
7. June 5, 2025: $113,500 – Sustained bullish trend contingent on market conditions and volume.
   

Note: This forecast is based on current market data and technical analysis. Cryptocurrency markets are highly volatile, and prices can change rapidly. Always conduct your own research and consider risk management strategies before making investment decisions.