Angel queen08
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Hello My Binance Family i hope you are all enjoying with Binance amd getting profit daily
let's talk about $BTC
May 13, 2025, Bitcoin (BTC) is trading at approximately $103,518, reflecting a slight decline of about 0.9% over the past 24 hours. Despite this minor dip, Bitcoin has experienced a significant upward trend, rising nearly 67% compared to its value one year ago .
Current Market Dynamics
Bitcoin recently surpassed the $100,000 mark, reaching a three-month high of $105,720. This surge was fueled by positive developments such as easing U.S.-China trade tensions and anticipation of potential U.S. interest rate cuts . However, the price has since retracted slightly due to profit-taking and cautious investor sentiment ahead of key economic indicators like the Consumer Price Index (CPI) .
Technical analysis indicates that Bitcoin is currently in a bullish trend, with the 50-day moving average sloping upwards. The Relative Strength Index (RSI) is above 70, suggesting that the asset may be overbought in the short term
$BTC
let's talk about $BTC
May 13, 2025, Bitcoin (BTC) is trading at approximately $103,518, reflecting a slight decline of about 0.9% over the past 24 hours. Despite this minor dip, Bitcoin has experienced a significant upward trend, rising nearly 67% compared to its value one year ago .
Current Market Dynamics
Bitcoin recently surpassed the $100,000 mark, reaching a three-month high of $105,720. This surge was fueled by positive developments such as easing U.S.-China trade tensions and anticipation of potential U.S. interest rate cuts . However, the price has since retracted slightly due to profit-taking and cautious investor sentiment ahead of key economic indicators like the Consumer Price Index (CPI) .
Technical analysis indicates that Bitcoin is currently in a bullish trend, with the 50-day moving average sloping upwards. The Relative Strength Index (RSI) is above 70, suggesting that the asset may be overbought in the short term
$BTC
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