As of May 13, 2025, the price of Bitcoin (BTC) is trading at $103,632, up $701 (0.68%) compared to the previous close.

Market Analysis:

Bitcoin has experienced noticeable volatility recently, having dropped below $103,500 this morning, influenced by a cautious sentiment among investors ahead of the release of U.S. inflation data.

Impact of Economic Data:

Investors are awaiting the consumer price index (CPI) data scheduled for release, which could affect the Federal Reserve's decisions on interest rates, and consequently, the cryptocurrency market.

Analyst Forecasts:

According to previous forecasts, the price of Bitcoin could reach $150,000 in the first half of 2025, with the potential to hit $185,000 by the end of the year, driven by the adoption of the digital currency by institutions and major companies.

On the other hand, some analysts warn of the possibility of the price declining to $85,000 due to the expiration of options contracts worth $14 billion.