$BTC As of May 13, 2025, Bitcoin (BTC) is trading at approximately \$102,587, reflecting a 0.024% decline from the previous close. Earlier this week, BTC surged to a three-month high of \$105,747, buoyed by optimism over a 90-day U.S.-China tariff truce. However, the cryptocurrency has since retraced due to profit-taking and caution ahead of upcoming U.S. inflation data.
Despite the pullback, Bitcoin has posted a 10% gain over the past week and a 24% increase over the past month. Institutional interest remains strong, with firms like Strategy acquiring significant BTC holdings. Analysts predict potential price targets ranging from \$114,000 to \$180,000, contingent on market conditions and macroeconomic factors. However, resistance near the all-time high of \$109,000 and geopolitical uncertainties may pose challenges to further upward momentum.