PUNKO – PNK

Bitcoin’s market performance for May 14, 2025:

📊 Technical Indicators

• RSI (Relative Strength Index): Currently at 49, indicating neutral momentum with moderate buying pressure.
• MACD (Moving Average Convergence Divergence): In bearish territory with a flat histogram, suggesting market indecision.

💰 Price Movements

• Highest price: $105,787
• Lowest price: $101,000
• Current price: Approximately $102,300, showing a slight recovery after a previous drop.

🔍 Market Analysis

• Bitcoin has experienced significant volatility, fluctuating between $101,000 and $103,000.
• The key resistance level is at $105,000, a price rejected multiple times.
• If BTC fails to break $104,500, there’s a risk of a retracement toward $101,000 or even the support zone between $98,000 and $100,000.

The market continues to show mixed signals, with long-term optimism but short-term uncertainty.