$BTC BTC Market Snapshot – May 13, 2025
Bitcoin is currently priced around $103,174, reflecting a mild increase of 0.31%. The Relative Strength Index (RSI) has dipped to 39.5, indicating a tired market, but there's no confirmed downward breakout yet. The price remains just above the 99-period EMA, suggesting a strong support zone nearby.
Suggested Buy Range:
First Zone: $103,000
Second Zone: $102,300
Potential Price Targets:
Short-Term: $103,900
Mid-Term: $104,500
Extended: $105,200
Caution Zone:
A break below $102,200 could trigger a quick sell-off, leading to short-term market pressure.
Expert Tip:
The RSI is still above the danger zone and showing signs of stabilization. If $103,900 is breached, a rapid upward movement could follow. Stay patient, avoid overtrading, and stick to your planned levels.