Will Bitcoin Keep Dropping? AI-Powered BTC Price Prediction & Chart Analysis (May 29 Update)

Bitcoin has been hovering just below the $108,000 resistance zone, with traders closely watching for the next major move. As altcoins show signs of weakness and consolidation, Bitcoin’s price action has become even more critical for short-term strategies.

In this post, we use a cutting-edge AI-powered chart analyzer to deliver a precise breakdown of the BTC/USDT 4-hour chart on Binance. Backed by advanced indicators like MACD, moving averages, and Fibonacci levels, this analysis includes short- and mid-term forecasts with probability-based predictions.

Whether you’re a beginner or an experienced trader, this report offers actionable insights to help guide your Bitcoin trading decisions.

Bitcoin Chart Predictor (http://aicharts.co.kr)


📊 BTC/USDT 4H Chart Analysis (Based on Binance)
🕒 As of: May 29, 2025 – 06:43 UTC


✅ Summary: Ongoing Short-Term Correction – Potential Inflection Point


🔍 Technical Indicators Overview

📌 Moving Averages (MA Cross 7/21 & 99/99)

  • Short-term MA (7/21): Formed a death cross, now consolidating. Current: 107,977.04
  • Long-term MA (99/99): Acting as solid support near 106,498.38
    → This range (106,500–107,000) serves as the first key support zone

📉 MACD (12,26,9)

  • MACD Line: -206.01
  • Signal Line: -33.52
  • Histogram: Small negative bars continue
    Downward momentum remains with no immediate bullish crossover
    → Likely to see continued short-term weakness

📏 Volume Analysis

  • Declining trading volume = investor indecision
  • No significant sell-off, but no strong buying pressure either

🔄 Fibonacci Retracement

  • Key retracement zone (0.5–0.618) is between 106,000–107,000
    → A break below this could trigger deeper corrections

📈 Short-Term Forecast (Next 24 Hours)

DirectionProbability (%)Rationale
📉 Downward46.7%Continued MACD bearishness, weak volume, death cross on short MA
📈 Upward53.3%Strong support near 106,500, potential rebound from oversold

🔸 Key Levels

  • Resistance (if price rises): 108,500 – 109,000
  • Support (if price drops): 106,000 – 106,500

🔮 Mid-Term Outlook (7–10 Days)

  • Failure to break above 109,000 may lead BTC to test lower support at 104,000–105,000
  • Watch for buying volume and MACD crossover to confirm any bullish reversal

🧠 AI-Based Scenario Prediction

Based on machine learning models (BiLSTM + XGBoost):

  • Scenario A (Support Holds & Bounce): Bounce at 106,500 leads to break above 109,000 → Probability: 43.5%
  • Scenario B (Support Breaks): Breakdown below 106,000 → Targeting 104,000 → Probability: 56.5%

✅ Automatic chart analysis from image upload – easy even for beginners
✅ Rise/Fall probability model – backtested & highly accurate
✅ Analysis using MACD, RSI, Fibonacci & other advanced indicators

🧠 Try our AI Chart Analyzer for FREE!
The current tool is soon moving to a paid model:
Basic AI Analyzer (current version) → Planned price: $129.99/month
Pro AI Analyzer (with TradingView backtesting) → Planned price: $599.99/month

💎 Join early and deposit your first funds to get lifetime free access before pricing goes live.

🔗 Bybit Fee Discount Signup
🔗 Binance Fee Discount Signup

✔️ Trade up to $30,000 and join exclusive events
✔️ Up to 45% fee discounts + bonus gifts
✔️ Special lifetime access for early users before premium version launches

📌 Note:
→ After the paid model is released, you’ll need to log in with your Bybit or Binance email (from the links above) to keep free access
→ The advanced AI model will also be tied to your exchange login

🚀 Try the AI analyzer today and unlock exclusive early-bird rewards!

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