BTC stabilizes above $100K: technical outlook as of May 12, 2025.🔥
Bitcoin continues to consolidate above $100,000, with a closing price of $101,843 on May 12, 2025.
The intraday range fluctuated between $101,065 and $105,525, reflecting relative stability amid an uncertain macroeconomic environment.
Technical indicators show mixed signals: while the RSI is in neutral territory, moving averages suggest a long-term bullish trend.
A breakout above $105,700 could push BTC towards new highs, although a drop below $100,000 could generate additional bearish pressure.
BTC's market capitalization reaches $2.06 trillion, consolidating its dominance in the crypto ecosystem.
Investors remain attentive to upcoming economic data that could influence market direction.
