$BTC
**Key Daily Bitcoin Events - May 14, 2025**
Today, Bitcoin experienced price fluctuations, with its current value at **$104,139.5**, showing a slight increase of **0.08%** over the past 24 hours, and a weekly increase of **6.77%**, reflecting continued optimism in the market despite short-term volatility.
From a technical analysis perspective, **Elliott Wave** forecasts suggest a potential temporary downward correction towards **$92,350**, with recommendations to monitor indicators such as **RSI** and **MACD** to confirm the trend. Conversely, some entities expect Bitcoin to reach **$210,125** by the end of 2025, supported by an increase in institutional investments and the development of blockchain technologies.
On the news front, the repercussions of the kidnapping incident involving a family member of a cryptocurrency leader in Paris (May 13) continue to affect investor sentiment, although no direct impact on prices has emerged so far. Traders are advised to exercise caution, focusing on technical indicators and global regulatory news that may influence future trends.