$BTC Update | May 13, 2025
Bitcoin is trading around $103,577, down 0.8% on the day after testing the $105K resistance level. Markets are holding their breath ahead of today’s CPI release, which could be a major catalyst.
Key Levels to Watch:
Resistance: $104,780 / $106,000 / $109,000
Support: $101,000 zone
Chart Watch: An Inverse Head & Shoulders pattern is flashing, with bulls eyeing a potential breakout toward $135K if momentum holds.
Macro Factor:
A cooler-than-expected CPI print could reignite the rally. A hot number? Could trigger short-term selling and stronger USD pressure.
Institutional Moves:
MicroStrategy just added 13,390 BTC, now holding over 568K BTC—a strong signal of long-term conviction.
What’s your take? Are we prepping for liftoff or a cooldown?
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