On May 14, 2025, Bitcoin $BTC

is trading at approximately $103,985, marking a 0.28% increase for the day. The cryptocurrency reached an intraday high of $104,836 and a low of $103,095. This upward movement is supported by bullish indicators, including significant whale accumulation and a surge in open interest, which now approaches $70 billion . Additionally, Bitcoin miners have shifted from selling to accumulating BTC, signaling long-term confidence in the asset . However, technical indicators such as the RSI suggest potential short-term consolidation. Investors are advised to monitor key support levels around $97,000 and resistance near $105,000 as the market continues to evolve.