Bitcoin price at $109,588: What’s next for investors?

Bitcoin price at $109,588: What’s next for investors?

On May 26, 2025, the Bitcoin price shows some stability, but is below the $109,588 mark. This development is not surprising as analysts emphasize that the decline does not change the overall bullish chart structure. As long as Bitcoin stays above $93,500, sentiment remains bullish, indicating investor confidence. This is supported by potentially strong demand for Bitcoin from sovereign wealth funds, ETFs, listed companies and select states. According to Bitwise forecasts, institutional funds could invest around $120 billion in Bitcoin in 2025 and as much as $300 billion in 2026. Despite this positive outlook, short-term caution is recommended for traders, particularly in view of possible profit-taking if the price declines further.

The resistance zone for Bitcoin extends between $109,588 and $111,980. A rise above $111,980 could allow an upside move to $130,000. Currently, the 20-day EMA is at $104,199, which is considered a critical level. However, if the price breaks the support below the 50-day SMA, it could lead to a decline to $100,000 and later to $94,916. The current RSI shows a decreasing trend and is in negative territory. Buyers have an opportunity to regain control if the price rises above $109,588.

Market developments and institutional interests

In parallel with Bitcoin development, the entire crypto market is showing intense activity. Bitcoin and altcoins are struggling to break key resistance levels. A key goal for Bitcoin is to break above $92,000, which could be seen as a signal of an uptrend. MicroStrategy has increased its Bitcoin holdings to 331,200 units, showing strong confidence in long-term appreciation. Well-known investors like Paul Tudor Jones are also expanding their positions by buying BlackRock’s Spot Bitcoin ETFs.

Technical analysis suggests that Bitcoin is capable of reaching new highs if the resistance between $92,000 and $93,265 is overcome. A break here could result in a rise to $100,000. However, if the price falls below the support level of $85,000, a correction could be imminent. Ethereum is also showing positive developments with support at $3,028, while Solana is sending positive signals after testing the breakout level at $210 and could potentially rise to $260. Regulatory developments in the USA are also seen as an influencing factor on the dynamics of the market.

Overall, the crypto market is currently dominated by institutional investment and technical analysis, with Bitcoin dynamics taking center stage. The coming days will be crucial to see whether Bitcoin can overcome its resistance levels and how market participants will behave in this volatile environment.

For more information on these developments please visit Cointelegraph and IT Boltwise.