Bitcoin Analysis on May 24, 2025: Bullish or Bearish Outlook?

A look at Bitcoin’s latest developments on May 24, 2025, with price trends and market factors.

On May 24, 2025, Bitcoin remains a focal point in the financial world. Its price fluctuated between $105,000 and $110,000, reflecting the continuation of its recent upward trend. Analysts attribute this to multiple factors, including macroeconomic policies, Federal Reserve decisions, and growing institutional support for Bitcoin. A significant driver is the pro-crypto stance of U.S. President Donald Trump, who, since returning to office in January 2025, has repeatedly advocated for a strategic Bitcoin reserve. This has fueled market optimism and boosted institutional demand. Additionally, inflows into U.S. Bitcoin ETFs have exceeded $3 billion in the past week, signaling strong confidence from large investors. However, some analysts caution about potential short-term corrections. The golden cross pattern in Bitcoin’s technical charts, where the 50-day moving average crosses above the 200-day moving average, is seen as a strong bullish signal. Yet, potential sell-off pressures from new tariff policies or changes in interest rates could introduce volatility. Historically, Bitcoin has performed strongly in the first quarter, and some predict it could reach $125,000 to $150,000 by the end of summer 2025. Nevertheless, risks such as a potential economic downturn or shifts in global monetary policies persist. Investors should closely monitor the market. Key support levels around $100,000 and resistance at $115,000 could be pivotal for trading decisions. Bitcoin continues to be viewed as an inflation hedge, but its ties to macroeconomic factors remain significant.