#CryptoCPIWatch Starting from May 13, 2025, Bitcoin (BTC) is trading at approximately 102,731 USD, reflecting a slight decrease of 0.02% from the previous close. The day's trading range recorded a high of 104,899 USD and a low of 101,065 USD.
This recent decline follows a brief surge in Bitcoin above 105,000 USD, driven by optimism surrounding the tariff ceasefire between the US and China and expectations of favorable inflation data from the US. However, profit-taking and cautious sentiment ahead of the upcoming Consumer Price Index (CPI) report have contributed to the current pullback.
Analysts are closely monitoring key support and resistance levels. A sustained move above 104,000 USD could signal a new bullish momentum, while a drop below 100,000 USD might indicate further consolidation.
Despite short-term fluctuations, Bitcoin remains nearly 9% higher compared to last week, reflecting ongoing investor interest and market resilience.