๐ $BTC Analysis for 13 May 2025 ๐
Bitcoin is currently trading around $103,000, showing a slight dip of 2% in the last 24 hours. Despite this, $BTC has posted nearly 10% gains over the past five days, driven by strong institutional inflows and macroeconomic factors.
Key resistance is at $104,000, with potential to reach $108,000-$109,000 if broken. Institutional interest, particularly through Bitcoin ETFs, continues to fuel the market, with over $40 billion in inflows. Whale accumulation and increased transaction volumes also signal long-term confidence.
Stay tuned for more updates! ๐