$BTC
Bitcoin Price Analysis – Tuesday, May 14, 2025
Current Price: $103,000
24-Hour Change: Relatively Stable After a Surge
Highest Price Today: $104,800
Lowest Price Today: $101,300
Estimated Market Value: Over $2 Trillion
Daily Trading Volume: About $28 Billion
Technical Outlook:
Bitcoin's price has stabilized above the previous resistance level at $100,000, indicating strength in the upward momentum. Continuing to trade above this barrier enhances the chances of targeting higher levels such as $110,000 and $120,000.
Momentum indicators like RSI and MACD show an upward tendency, but we might see some short corrections towards $98,000 before resuming the upward trend.
Important Levels for Speculation:
Immediate Support: $101,000
Secondary Support: $98,000
First Resistance: $106,000
Strong Resistance: $110,000