$BTC

As of May 12, 2025, Bitcoin continues to rise and is trading at around $103,972, holding positions above the key mark of $100,000. Over the last 24 hours, the price has fluctuated between $103,445 and $104,923, demonstrating relative stability after a recent impulse breakout.

The main drivers of this movement are positive news on the global economic front, particularly progress in negotiations between the United States and China, as well as a decrease in geopolitical tension in the Middle East. The market shows increased confidence, and analysts note that institutional investors are gradually returning to the cryptocurrency sector.

From a technical standpoint, BTC is trading slightly below VWAP ($104,530), which creates potential for a new upward impulse. The nearest resistance levels are $106,000 and $110,000. If trading volumes remain high, BTC could test new historical highs by the end of May.

Overall, the situation looks positive, however, experts do not rule out short-term profit taking before a new wave of growth. It is recommended to carefully assess the risks.