$BTC
Bitcoin Breakout – May 14, 2025
Today, Bitcoin (BTC) broke above the key $100,000 level, trading around $103,400. This move signals a bullish breakout backed by institutional buying—such as a $458M purchase by Twenty One Capital—and softer U.S. inflation data, raising hopes for interest rate cuts.
Technical indicators like the RSI are turning bullish, and on-chain data shows strong accumulation. If BTC clears $105,000, further upside is likely. However, dropping back below $100K could signal a false breakout.