#CryptoCPIWatch As of May 14, 2025, Bitcoin (BTC) is trading at approximately $103,659, reflecting a 1.5% increase for the day. The intraday high reached $104,836, while the low touched $101,671.

This upward movement follows the release of the U.S. Consumer Price Index (CPI) data, which showed a lower-than-expected inflation rate of 2.3%. Such data often fuels optimism in the crypto market, as it may indicate a more accommodative monetary policy ahead.

However, Bitcoin faces resistance around the $105,000 level, having tested and retreated from this zone twice recently. Analysts suggest that unless BTC decisively breaks above this resistance with strong volume, there's a risk of a pullback to the $98,000–$100,000 support range.

Traders should monitor these key levels closely, as a sustained move above $105,000 could signal further bullish momentum, while failure to do so might lead to increased volatility.