$BTC According to Coinmarketcap data, at 7:50 AM on May 13, 2025 (Vietnam time), the trading price of Bitcoin is at 102,408 USD, down 2% in the last 24 hours. The trading volume of the largest market capitalization cryptocurrency is at 63.3 billion USD.

The strong growth momentum of Bitcoin last week, surpassing the important psychological milestone of 100,000 USD, is reinforced by a significant inflow into BlackRock's Bitcoin ETF fund (IBIT), with a consecutive 19-day streak of inflows and attracting 1.03 billion USD in the most recent week alone. Expectations for Bitcoin to soon reach its historical peak of 109,588 USD dominate investor sentiment, causing profit-taking pressure to not yet appear clearly.

Technical analysis shows that a rebound from the 20-day EMA moving average will be a signal confirming the continued upward trend, opening up the possibility of conquering the 109,588 USD level and targeting the 130,000 USD range. Conversely, if the price of Bitcoin falls below 100,000 USD, it will weaken the upward momentum, posing risks of dropping to support levels of 93,000 USD and even 83,000 USD.

In addition to Bitcoin, many altcoins are also showing positive signals, raising hopes for an "altcoin season" with notable mid-term growth potential.

According to many experts, although Bitcoin is maintaining its growth momentum, Bitcoin's dominance - its market share across the entire cryptocurrency market - is decreasing, indicating a shift towards altcoins. A similar pattern occurred at the end of 2024, just before a major altcoin rally.

Some analysts predict a local market peak in June or July, during which Bitcoin could reach 120,000 to 130,000 USD.