BTC Price Update, May 13, 2025
Current Price: $102,692
24h Change: -1.28%
Bitcoin recently crossed $105,000 but has now dipped below $103K. Is a correction below $100K on the cards?
👉Key Factors to Watch:
1. CPI Data Today (May 13):
U.S. CPI is expected at 8:30 AM ET. Forecast is 2.4%–2.5% YoY.
A higher CPI could trigger short-term selling pressure in #BTC.
2. Profit-Taking Around $104K:
Traders are closing long positions ahead of CPI, showing cautious sentiment.
3. Institutional Activity:
Strategy just bought 13,390 BTC for $1.34B. Their average is now close to $100K. Smart money seems confident—but still, short-term volatility is possible.
👉Conclusion:
BTC is holding above $100K, but a dip below is possible if CPI disappoints or profit-taking accelerates. Watch the charts and the news closely.
