LNMTrader's Bulletin 📈📋

Wednesday, May 21, 2025

🍜 SHORT-TERM FORECAST:

🔸May 21, 2025 (Today):

Bitcoin may consolidate around $106,000-$107,000, with potential for a slight pullback to $104,000 if selling pressure increases.

Resistance near $108,000 could cap gains.

🔸May 22, 2025 (Tomorrow):

Expect continued volatility. A break above $108,000 could push $BTC toward $110,000.

If it dips below $104,000, support around $101,500-$102,000 may hold.

Disclaimer: The Bitcoin price forecast provided is for informational purposes only and should not be considered investment advice. Bitcoin derivatives markets are highly volatile and the coin price can fluctuate significantly. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

☕️ TL;DR: Trading Notes

🔹 Amid this price performance, data suggests that $BTC’s price behavior remains supported by strategic accumulation patterns rather than short-term speculation.

▫️ The return of large-scale withdrawals from centralized exchanges like Binance and Kraken may be contributing to this reduced sell-side pressure.

🔹 As Bitcoin ($BTC) continues to flirt with its all-time high, one analyst has laid out an interesting scenario in which the cryptocurrency skyrockets to $600,000 within 90 days while the S&P 500 collapses by 50%.

🔹 Dubbed as Japan’s ‘Strategy’, Metaplanet is now the country’s most shorted stock by hedge funds, CEO Simon Gerovich posted on X earlier today, warning that betting against Metaplanet is like betting against Bitcoin.

▫️ The company’s stock has surged over 4,800% over the past year because of the company’s pivot to Bitcoin investment strategy.

▫️ Originally a budget hotel operator, Metaplanet turned to Bitcoin-first treasury strategy in 2024 and has since seen a significant rise in its stock prices. As of today, the company holds 7,800 $BTC, worth over $800 million after its latest purchase of 1004 $BTC two days ago.