empty
20.06.2025 04:20 PM
Trading tips for crypto market on May 20 (North American session)

Bitcoin and Ether performed well today in terms of buying following a pause in yesterday's bear market. Demand has returned to the cryptocurrency market, especially after geopolitical tensions eased somewhat. This came after a statement by a senior Iranian official suggesting that Iran is willing to discuss restrictions on uranium enrichment.

This image is no longer relevant

Meanwhile, according to a report from BRN, the hawkish Federal Reserve, thin summer liquidity, and ongoing unrest in the Middle East still exert pressure on the Bitcoin market. However, new corporate purchases are keeping long-term prospects optimistic.

A notable example is Semler Scientific, which announced plans to increase its Bitcoin holdings from 4,449 BTC to 100,500 BTC by 2027. The medical device maker will raise capital via convertible bonds and share offerings, employing a strategy first pioneered by Michael Saylor's firm, MicroStrategy, and later adopted by others such as Bitdeer and DDC Enterprise.

"While the market remains cautious and short-term sentiment is shaped by geopolitical uncertainty, we view the Semler Scientific news as a key signal of structural demand," stated BRN in its research note.

At a price of approximately $105,900 per coin, Semler Scientific's Bitcoin reserves are valued at around $462 million, while the company's market capitalization hovers around $420 million. This discount to net asset value may attract investors seeking direct exposure to Bitcoin.

Meanwhile, some analysts warn about technical market patterns resembling the boom-and-bust cycles of 2021.

Intraday strategy in the crypto market

Going forward, I will continue to trade based on any major pullbacks in Bitcoin and Ether, anticipating the continuation of the medium-term bull market, which remains intact.

For short-term trading, the strategy and setup are as follows:

This image is no longer relevant

Bitcoin

Buy scenario

Scenario 1: I will buy Bitcoin today if the entry point around $105,100 is reached, with a target of $106,500. I will exit the position and sell immediately on a bounce near $106,500. Before buying on a breakout, I must confirm that the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory.

Scenario 2: An alternative buy setup is from the lower boundary of $104,000, provided the market shows no reaction to its breakout, targeting $105,100 and $106,500.

This image is no longer relevant

Sell scenario

Scenario 1: I will sell Bitcoin today if the entry point near $106,200 is reached, aiming for a decline to $107,300. I will exit the position and buy on a bounce near $107,300. Before selling on a breakout, I must ensure the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory.

Scenario 2: Another selling opportunity lies at the upper border of $105,600, provided the market does not respond to a breakout, targeting $106,200 and $107,300.

This image is no longer relevant

Ethereum

Buy scenario

Scenario 1: I will buy Ether today if the entry point around $2,560 is reached, aiming for a rise to $2,601. I will exit the position and sell on a bounce near $2,601. Before buying on a breakout, I must confirm that the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory.

Scenario 2: An alternative buy setup is from the lower border of $2,536, assuming no market reaction to its breakout, targeting $2,560 and $2,601.

This image is no longer relevant

Sell scenario

Scenario 1: I will sell Ether today if the entry point near $2,536 is reached, targeting a decline to $2,499. I will exit the position and buy on a bounce near $2,499. Before selling on a breakout, I must ensure the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory.

Scenario 2: Another selling opportunity lies at the upper border of $2,560, provided the market does not respond to a breakout, targeting $2,536 and $2,499.

Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
Bitcoin
Summary
Buy
Urgency
1 day
Analytic
Maxim Magdalinin
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Bitcoin will test its Support.1 after successfully breaking through and closing below the Uptrendline intraday chart, Friday, July 4, 2024.

Bitcoin – Friday, July 4, 2025. With an inflow into the Bitcoin ETF around USD$ 50 billion, it shows strong interest from investors, thus strengthening the legitimacy of this cryptocurrency

Arief Makmur 07:58 2025-07-04 UTC+2

Ripple has the potential to correct and weaken down to the Support level of 2.1924, Friday, July 4, 2025.

Ripple – Friday, July 4, 2025 Friendly regulatory pressure and the case with the SEC that seems to be stopped and open interest in the derivatives market that has jumped

Arief Makmur 07:58 2025-07-04 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 4

Bitcoin has encountered significant resistance around $110,000, and it is unlikely to break through this level easily in the near term. Ethereum is also facing difficulties moving above the $2,600

Miroslaw Bawulski 07:27 2025-07-04 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 3

Bitcoin and Ether have resumed growth, reaching new weekly highs amid favorable macroeconomic conditions. Over the past 24 hours, Bitcoin has risen by 2.5%, trading above $109,000. Ethereum also advanced

Miroslaw Bawulski 08:47 2025-07-03 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 2

Bitcoin continued its correction and during today's Asian trading session reached a new level of $105,000. Ethereum also dropped significantly but was quickly bought back, stabilizing around $2,425. Meanwhile

Miroslaw Bawulski 08:33 2025-07-02 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 1

Bitcoin failed to hold the $108,000 level, slipping into a more acceptable zone around $107,000. Ethereum also showed weakness at the end of the month, retreating to $2,460 after failing

Miroslaw Bawulski 08:55 2025-07-01 UTC+2

Key events this week that may impact crypto market

Bitcoin has pulled back below the $108,000 level, while Ethereum briefly rose above $2,500 over the weekend before retreating again. Clearly, traders will be closely monitoring several upcoming macroeconomic data

Jakub Novak 14:53 2025-06-30 UTC+2

Trading Recommendations for the Cryptocurrency Market on June 30

Bitcoin and Ethereum continued to grow over the weekend, indicating steady demand even as the leading cryptocurrency approaches its historical highs. While everyone is anticipating that Bitcoin will soon break

Miroslaw Bawulski 09:30 2025-06-30 UTC+2

Trading tips for crypto market on June 27 (North American session)

Bitcoin made another attempt to return to the $108,000 level, but failed to hold it and corrected lower, falling below the $107,000 mark, a move that could lead

Miroslaw Bawulski 15:47 2025-06-27 UTC+2

Another Major Company Announces $1 Billion Raise to Buy Bitcoin

The cryptocurrency market is showing strong confidence. Given its correlation with the U.S. stock market—where historical highs are being updated—there is room to expect further growth in digital assets. However

Jakub Novak 10:50 2025-06-27 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.