🚨 $BTC Market Update — May 13, 2025 🚨
Bitcoin is trading around $102,130, down slightly by 0.02% today.
Market Snapshot:
• Today’s High: $105,525
• Today’s Low: $101,065
• Past Week: BTC surged nearly +10%, boosted by positive U.S.-China trade developments.
Technical Analysis:
• RSI: Around 47.5 — shows slowing bullish momentum.
• MACD: Indicators are flattening, suggesting sideways price action in the short term.
Key Levels to Watch:
• Resistance: $104,000 – $106,000 zone (historical rejection area).
• Support: Psychological level near $100,000.
What’s Next?
• All eyes are on today’s U.S. CPI data, which could trigger volatility.
• Institutional buying interest remains strong — a key factor for medium-term support.
Bottom Line:
BTC is cooling off after a strong rally, but fundamentals (like institutional demand & macro news) will likely drive the next big move.