$BTC

As of May 14, 2025, the price of Bitcoin (BTC) is approximately $104,074, with an intraday fluctuation range between $103,095 and $104,836, indicating market stability.

In terms of technical analysis, BTC has formed a 'cup and handle' pattern after breaking through the psychological barrier of $100,000, which is a bullish continuation pattern that suggests a potential upward breakout. Additionally, the golden cross of the 50-day and 100-day moving averages further supports the bullish technical outlook.

On the fundamental side, despite the U.S. April Consumer Price Index (CPI) data outperforming expectations, its impact on the cryptocurrency market has been limited. However, ETF capital outflows and reduced market volatility may constrain BTC's upside potential.

Overall, Bitcoin demonstrates a robust upward momentum under the combined influence of technical and fundamental factors. Investors should closely monitor market dynamics, particularly technical indicators and macroeconomic data, to assess BTC's future trends.