$BTC
Bitcoin ($BTC) has reclaimed the $100,000 level, trading around $103,112 as of May 13, 2025.This resurgence is fueled by bullish sentiment following the U.S.-U.K. trade agreement and optimism about upcoming trade talks with China. Technical indicators suggest strong momentum, with the Relative Strength Index (RSI) above 70, indicating potential overbought conditions. Analysts identify resistance near $107,000 and project an upside target around $120,000 if the rally continues. However, if the $100,000 support level fails, prices could retrace to around $92,000. Despite the rally, trading volumes on Coinbase have declined, possibly indicating cautious participation from major market players.