$BTC Bitcoin Market Update – May 13, 2025: Key Levels to Watch
$BTC Bitcoin (BTC) Price: $101,576.68 (-2.75%)
Quick Summary:
- Short-term dip (-2.75%), but long-term trend remains bullish.
- Critical resistance: $106K–$109K (breakout could signal next leg up).
- Key support: $98K–$100K (hold here = bullish continuation).
- If $91K breaks, re-evaluate the trend.
Trading Strategy for May 13, 2025
1. Bullish Scenario (If Support Holds):
- Buy Zone: $98K–$100K (if price bounces with strong volume).
- Target: $106K → $109K+ (breakout confirmation needed).
- Stop-loss: Below $96K (invalidates short-term bullish structure).
2. Bearish Scenario (If Resistance Holds):
- Sell/Short Zone: Near $106K–$109K (if rejection candles form).
- Target: $98K → $94K (weaker if $91K breaks).
- Stop-loss: Above $110.5K (confirms breakout instead).
3. Breakout Play:
- If BTC closes (4H/Daily) above $110.5K, expect $120K+ next.
- Entry: Limit orders at $110.5K–$111K for momentum follow-through.
Key Factors Influencing BTC Today (May 13):
✅ Macro Sentiment: Trade war easing & institutional interest (e.g., Saylor’s purchase rumors).
⚠️ Caution: If rejection at $106K, expect deeper pullback.
📉 If $91K breaks, watch for possible trend reversal.
Final Thoughts:
- Still bullish until proven otherwise (weekly/monthly charts strong).
- Today’s price action: Watch $100K support and $106K resistance.
- Trade smart: Wait for confirmation, manage risk, avoid FOMO.
🚨 Update if conditions change! Like & share if helpful. #Bitcoin #Trading
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