$BTC As of May 13, 2025, Bitcoin (BTC) is trading around $102,617, experiencing a slight decline of approximately 1.3% over the past 24 hours. This dip follows a recent rally where BTC peaked near $105,525, but faced resistance and subsequently corrected.
---
📊 Technical Overview
Support Levels: Key support is observed at $102,000, which has provided stability in recent trading sessions. A further drop could test the psychological support at $100,000, aligning with multiple moving averages and Ichimoku support levels .
Resistance Levels: Immediate resistance lies between $104,000 and $106,000, a zone marked by historical rejections. A successful breach above this range could pave the way toward the next target at $110,000 .
Indicators: The Stochastic RSI indicates oversold conditions on the 4-hour chart, suggesting potential for a bullish reversal. Meanwhile, the MACD is flattening, pointing to a possible consolidation phase before the next significant move .
