$BTC

Today, Wednesday, May 14, 2025, Bitcoin (BTC)

📈 Current Bitcoin Price

USD: $104,003.87, with a variation of +1.32% in the last 24 hours.

EUR: €92,446.20, with a change of +0.66% in the same period.

USDT (Binance): $103,968.26, recording an increase of +1.33% in 24 hours.

📊 Market Trends

Bitcoin has formed a double bottom technical pattern with a neckline at $88,718, indicating bullish momentum. Additionally, a golden cross has been observed in the 50 and 100-day moving averages, supported by indicators such as the RSI and MACD trending upwards.

The price of BTC has surpassed $100,000 and remains above this level, with a key resistance at $105,000. If this trend continues, it is expected to reach new all-time highs soon.

🐋 Institutional Movements

Companies like Metaplanet have acquired 1,241 BTC, while a whale has purchased 1,721 BTC, totaling approximately $179 million in recent purchases.

The firm Strategy, led by Michael Saylor, has added 13,390 BTC to its reserves, raising its total to 568,840 coins.

🌐 Macroeconomic Context

The recent trade agreement between the U.S. and China has influenced the Bitcoin quote, which peaked at $105,720 on May 12.

U.S. inflation data has been lower than expected, contributing to the stability of the cryptocurrency market.