$BTC

**Bitcoin Breaks $100K: Bullish Momentum or Overbought Risk?**

As of May 13, 2025, Bitcoin (BTC) is trading around $102,041, marking a significant rebound from April lows near $74,000. This surge represents a nearly 40% increase, driven by renewed investor confidence and macroeconomic factors.

Technical analysis indicates strong bullish momentum. The Relative Strength Index (RSI) is above 70, suggesting overbought conditions, while the Moving Average Convergence Divergence (MACD) remains positive, supporting the upward trend.

Key resistance levels are identified at $107,000 and $120,000, with support around $92,000 and $85,000. Analysts caution that while the breakout is promising, the overbought RSI may lead to short-term corrections.

In summary, Bitcoin's recent performance reflects a strong bullish trend, but investors should be mindful of potential pullbacks due to overbought indicators.