Inflation (ICC) fell to 2.3 % in the United States, bringing the Fed closer to its objective. The president of the Fed, J. Powell, has fewer and fewer arguments so as not to lower the rates. In addition, D. Trump wants there to be a drop in rates. Despite this good news, the king of cryptocurrencies continues to evolve under $ 105,000. Are operators betting on Bitcoin? Let’s take a look at the May 14 bulletin!
Bitcoin price climbs 1.2 % in 24 hours
Following the Decrease in inflation (ICC)the price of bitcoin has timidly rebounded (+1.2 % in 24 hours). BTC is now up 7.5 % in one week and 22.5 % in a month ::
Bitcoin performance in the face of different pairs. Source : Coincheckup
The BTC displays green on all time units for six months (+18.5 %). BTC/ETH pair Records 7 % in 24 hoursof 26.4 % in a week and 25 % in a month. After a difficult period, Ethereum is more efficient than the king of cryptos.
Bitcoin climbs, but the offer of short -term holders falls
The course of Bitcoin evolves upwards Since April, and he has managed to join the Summits of 2025. We saw it yesterday, an on-chain indicator shows that certain excesses emerges. It should be noted that the BTC has increased by more than 40 % The lowest Under $ 80,000.
Besides, we see that theoffer owned by short -term holders is in free falleven if the BTC course goes up:
We see it on the graphic coming from the Bitcoin Magazine Pro site, the most volatile phases BTC often coincide with a increase in the offer held by newcomers. For example, we had bullish volatility In 2017, in 2021 and more recently in 2024. Despite the return around the last summits, the BTC does not attract new investors.
On the other hand, we note that the Institutional actorsthey bet on the king of cryptos. It may take a frank break of ATH so that there is a Fomo from short -term holders.
Rebound to come on the support 4 hours at $ 103,000?
There Buyer reaction allowed during the Bitcoin to iron beyond the Level at $ 103,000. The course keeps a positive dynamic in 4 hours, and it evolves on the Support at $ 103,000 and around Mobiles 9 and 18 bruises ::
A rebound around $ 103,000 would allow during joining the Last resistance at $ 106,000. Attention, a Loss of $ 103,000 would generate a fall to the next support located around the $ 99,000. In parallel, the RSI could validate a divergence down in the event of a passage under 35. It would be a negative signal with a Speaking close to historical summits.
The price of bitcoin continues to evolve beyond $ 100,000, but it does not take advantage of the good news concerning inflation to explode upwards. The BTC is back close to the summits, but the offer held by short -term holders continues to fall. The BTC seems less attractive, while ETH continues to climb to $ 3,000.
Bitcoin news that counts
- According to an on-chain indicator called Aasi (Active Address Sensation Indicator), the price of Bitcoin is currently overheating with the return around the summits of the start of the year.