$BTC

Bitcoin (BTC) price forecast for May 14, 2025

(based on technical analysis, support/resistance zones, and current news)

📍 Current price: ~$103,500

📈 Resistances:

$105,000 – strong resistance level

$106,000–$107,000 – next resistance zone

$109,000–$110,000 – historical maximum

📉 Supports:

$100,000 – psychological support

$97,000 – important level during correction

$93,000–$94,000 – deeper support

📊 Indicators:

RSI – in the overbought zone

Formation of a "golden cross" (50 MA crosses 100 MA from below) – positive signal

📰 Current news:

Geopolitical events (Ukraine-Russia negotiations) may contribute to growth

Institutional interest is rising (U.S. states are forming BTC reserves)

Political support for BTC (expectations of favorable regulatory policies in the U.S.)

🔮 Forecast:

Bullish scenario:

Break above $105,000 → targets: $109,000, $110,000, and $120,000

Bearish scenario:

Break below $100,000 → supports: $97,000, $94,000

💡 Conclusion:

Technically, BTC looks strong, but the risk of a short-term correction remains. Keep an eye on $105K and $100K.