On the morning of Wednesday, May 14, 2025, Bitcoin (BTC) continues its stability above the $103,000 level, trading at $103,495, an increase of 1.57% from the previous day, with a daily trading volume exceeding $50 billion.

This strong performance comes after the United States and China announced 90-day tariff reductions, boosting investor appetite for digital assets.

Technical data analysis indicates that Bitcoin remains above its 20 and 50-day moving averages, demonstrating continued bullish control in the near term.

With these positive indicators, investors are wondering: Will Bitcoin continue its rise to reach new historical highs?