BTC/USDT Market Update – May 13, 2025
Bitcoin (BTC) continues to hold strong above key support levels, currently trading around $104,200. The BTC/USDT pair has shown steady consolidation over the past 48 hours, with low volatility and a slight bullish bias.
• Support: $103,500
• Resistance: $105,800
• 24h Range: $103,719 – $105,525
• Volume Trend: Slight uptick suggesting renewed interest
Technical Outlook:
The RSI is hovering near 52, indicating a neutral trend, while the MACD is close to crossing bullish. A break above $105,800 could trigger a short-term rally toward $108K.
Sentiment: Cautiously bullish. Traders are watching U.S. economic data this week which could impact BTC direction.
Let’s see if BTC can break out or if more sideways action is ahead.
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