According to Material Indicators, Bitcoin has lost its 21-day moving average, and shifts in order book and order flow suggest an increased probability of a support test at the $100,000 level or potentially lower. The 2025 yearly open is highlighted as the most critical support on the chart. FireCharts data reveals approximately $20 million in BTC bid liquidity is currently stacked at key levels, indicating significant buy-side interest that traders should monitor for potential rebounds or further downside pressure (Source: Material Indicators on Twitter, May 30, 2025).

According to Material Indicators (@MI_Algos), Bitcoin (BTC) is approaching a crucial support level and the current rally may be overextended. Traders should exercise patience as a support test is likely, which could impact short-term price action and liquidity levels in the crypto market (Source: Material Indicators Twitter, May 10, 2025). This situation suggests a potential pause or retracement in BTC price, making it important for traders to monitor order book dynamics and risk management strategies.

According to Material Indicators, despite the Golden Cross between the 21-Day and 50-Day SMAs on the BTC Daily chart, a new Trend Precognition signal suggests a potential support test. This indicates a possible short-term bearish trend unless Bitcoin experiences a significant pump to $95k, which would invalidate the signal.