This is a historic moment! We are at a turning point, hang in there guys ✊🏽

$BTC on May 12, 2025: $104,000 and rising — on the verge of a new breakout?

Today, BTC is trading around $104,000, approaching the December 2024 high of $109,000. The recent 90-day tariff truce between the U.S. and China has boosted investor optimism, fueling growth in the crypto market.

Major players continue to accumulate: MicroStrategy acquired 13,390 BTC worth $1.34 billion, increasing its holdings to 568,840 BTC. Analysts predict that if the current momentum holds, Bitcoin could reach $110,000 as early as this May.

However, technical indicators such as the RSI suggest possible overbought conditions, which could lead to a short-term correction.