As of May 13, 2025, Bitcoin ($BTC )is trading around $102,000, reflecting a 1.7% decline over the past 24 hours. This pullback follows a recent peak near $105,700, with profit-taking observed ahead of the upcoming U.S. Consumer Price Index (CPI) data release scheduled for May 14.
The $100,000 level is considered a critical psychological and liquidation threshold, with over $3.4 billion in long positions at risk if selling pressure intensifies. Analysts suggest that the recent dip may be attributed to traders securing profits and broader macroeconomic factors, including a strengthening U.S. dollar and optimism surrounding the U.S.–China trade deal.
Market participants are closely monitoring the CPI report, as it could influence Federal Reserve policy decisions and, consequently, impact cryptocurrency markets. A higher-than-expected inflation reading might lead to tighter monetary policy, potentially exerting downward pressure on risk assets like Bitcoin.
Despite the recent correction, institutional interest in Bitcoin remains strong, with significant holdings reported by companies such as Strategy and BlackRock.
For a visual analysis of the current market situation, you may find the following image insightful:
