PUNKO – PNK

Bitcoin market summary for May 13, 2025:

📊 Technical Indicators

• RSI (Relative Strength Index): Holding at 54.41, indicating a neutral momentum with no strong bullish or bearish inclination.
• MACD (Moving Average Convergence Divergence): Shows signs of cooling after a previous bullish wave, with the histogram nearly flat, suggesting market indecision.

💰 Prices of the Day

• Highest Price: $104,600
• Lowest Price: $101,065
• Current Price: Approximately $102,800, showing a 1.4% decline compared to the previous day.

🔍 Market Analysis

• Bitcoin has demonstrated strong momentum since early 2025, driven by institutional and retail investor interest.
• Despite volatility, it remains above the critical psychological level of $100,000, which analysts consider crucial support.
• Key resistance is near its all-time high of $109,000. To move higher, Bitcoin would need to break this level with significant trading volume.

The market presents mixed signals—long-term optimism remains strong, but short-term uncertainty persists