As of May 12, 2025, Bitcoin (BTC) is trading at approximately $102,820, reflecting a slight pullback from its recent highs.

Technical indicators suggest a cautiously optimistic outlook:

Moving Averages: The 50-day SMA is at $95,051.32, and the 200-day EMA is at $97,386.24, indicating a bullish trend as the current price remains above both averages.

Relative Strength Index (RSI): Currently at 56.31, suggesting bullish momentum without being overbought.

Average Directional Index (ADX): At 55.86, indicating a strong trend.

Additionally, institutional interest remains robust, with BlackRock’s spot Bitcoin ETF (IBIT) recording 19 consecutive days of inflows, totaling $1.03 billion in the most recent trading week.

For real-time trading signals and further analysis, platforms like CryptoEQ, CentralCharts, and TradingView offer comprehensive tools and insights.

Please note that cryptocurrency markets are highly volatile, and it's essential to conduct thorough research and consider risk management strategies before making trading decisions.