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As of May 14, 2025, Bitcoin (BTC) is trading around $103,617, reflecting a 1.4% increase from the previous day. The price has fluctuated between an intraday low of $101,671 and a high of $104,836.
This upward movement follows the recent announcement of a 90-day tariff reduction between the U.S. and China, which has positively impacted global markets.
Analysts suggest that this development could propel BTC's price above $110,000 in the near term.TradingView +1
In Pakistan, Bitcoin is valued at approximately PKR 23.15 million, based on the current exchange rates. This surge is attributed to increased institutional investments and growing interest in cryptocurrencies as a hedge againstinflation. ARY NEWS
Technical indicators show mixed signals; while moving averages suggest a short-term downward trend, oscillators indicate potential for further gains. Investors are advised to monitor key support and resistance levels closely.BinanceOverall, Bitcoin's outlook remains bullish, with market dynamics and global economic factors contributing to its upward trajectory.