🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
💎 Start with Just 1 $USDT — the More You Commit, The More #PFVS# You Receive!
Commit Now 👉 https://www.gate.io/launchpad/2300
⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💰 Total Allocation: 10,000,000 #PFVS#
⏳ Limited-Time Offer — Don’t Miss Out!
Learn More: https://www.gate.io/article/44878
#GateioLaunchpad# #GameeFi#
#我的动态升级体验#
Here’s the latest technical analysis for Bitcoin (BTC) as of May 13, 2025:
---
📊 Bitcoin (BTC) Technical Overview
Current Price: $102,463
24h Change: -1.95%
Intraday High/Low: $105,525 / $101,065
---
🔧 Key Support & Resistance Levels
Resistance Levels:
$104,000–$106,000: This zone has historically acted as a significant resistance, with multiple rejections observed.
$105,000: A crucial resistance point that, if breached, could signal further bullish momentum.
$109,588: A higher resistance level to watch if the price breaks above $105,000.
Support Levels:
$103,500: Immediate support level; a drop below this could indicate potential for further decline.
$100,000: A psychological support level; maintaining above this is crucial for bullish sentiment.
$97,000: A strong support level that has held during previous corrections.
---
📈 Technical Indicators
RSI (Relative Strength Index): Currently at 47.5, indicating a neutral stance but leaning towards bearish momentum.
MACD (Moving Average Convergence Divergence): The histogram is narrowing and hovering near the zero line, suggesting waning momentum.
---
🔍 Market Sentiment
The market is exhibiting cautious optimism. While the price remains above the critical $100,000 support, the resistance at $104,000–$106,000 has proven challenging. Traders are closely watching macroeconomic indicators, such as the upcoming CPI data, which could influence market direction.
---
📌 Summary
Bitcoin is currently trading within a tight range, with key support at $100,000 and resistance at $104,000–$106,000. A decisive move beyond these levels could set the stage for a new price trajectory. Traders should monitor these levels closely and stay informed on macroeconomic developments that may impact market sentiment.