$BTC

As of May 13, 2025, Bitcoin (BTC) is trading around $103,624, with a slight intraday dip of 0.24%. Despite this, it's up over 14% in April and nearing its all-time high of $109,225.

Key Points:

Support & Resistance: BTC is holding above $100K—a key psychological level. If it holds, it may test $107K and possibly reach $120K. Key support lies around $92K.

Institutional Demand: Strong institutional interest continues, with major purchases and over $5.3B in ETF inflows recently.

Macro Influences: Market optimism is driven by easing global tariffs, U.S.-U.K. trade deals, and potential rate cuts.

Outlook: Analysts remain bullish, with price targets ranging from $120K to $200K by the end of 2025.

Bitcoin is currently outperforming traditional assets like stocks and gold, signaling continued investor confidence in crypto.