Bitcoin Short-Term ‘Technical Sell-Off’ under $ 100k Possible early May 13 CPI Print

Key Takeaways:

• Possible pe-Peace in advance of May 13 CPI print may play a role in BTC price correction today.

• The structure of the Bitcoin market and skillful skills remain bullish, suggesting correction today may be short -lived.

Bitcoin (Btc) Price briefly stumbled on May 12, falling to $ 102,388 after hitting an intraday high at $ 105,819 in the US trading session. At first glance, the sudden correction seems unexpectedly given positive news during the day. Since Sunday night (May 11), major media titles have reported on the positive headway made in US-China trade conversations taking place in Switzerland, and throughout the night, President Trump has run his victory over the Viad Social Social Post that has revolted the positives of the deal.

BREAKING: US announced the trade deal with China in Geneva pic.twitter.com/jjgvyavage

– The White House (@whitehouse) May 11, 2025

While the news of the temporary deal was damaged, US Equity Futures markets increased, and these gains became material at a 1,000-point rally in DOW in the opening bell. Looking despite the temporary resolution of the US-China trade war, Bitcoin has racked up a back-to-back win over the past two weeks. On May 12, Strategy CEO Michael Saylor announced that the company 13,390 Bitcoinbringing its total balance to 568,840 BTC.

On the same day, the Shares of Healthcare Company Kindlymd has climbed until 600% After announcing the integration with Nakamoto Holdings, a Bitcoin investment company founded by David Bailey, Trump’s current crypto advisor. The month of April has followed a similar trajectory to this day, where frequent announcements of Bitcoin treasury creation have been made by an assortment of US -based and international companies.

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Getting revenue and de-rising drive the current Bitcoin price correction

While The adoption of the mass of bitcoin It appears to accelerate, data from glassnode suggests that the price of BTC can be in a short merge period -together after getting 9% last week. Onchain Analytics company has posted the following chart And warned that:

“Btc Supply mapping shows maintain strength in new demand. First-time buyers RSI will be held at 100 throughout the week. But Momentum buyers remain weak (RSI ~ 11), and income retailers are rising. If fresh flows are slow, the absence of follow-through can lead to integration. “

In the major crypto exchanges, there is a sale raid on the eternal futures market, and the sale has also been seen in market areas as BTC prices rally at a wall that sells close to $ 106,000.

From a trader’s point, a portion of the sale may be possible earlier in the May 13 Consumer Price Index (CPI) Inflation report, along with the view that Trump’s trade deal with China is now a priest after BTC failed to rally and hold above $ 104,000 in such a very important news.

Leading the news in the trade war, the US Dollar Index (DXY) has rallied and stock indexes rise. Seeing Bitcoin’s failing to break and handle $ 104,000 to $ 105,000 before the opening of stock futures and then BTC will not follow the equities that open bell -fetal sessions suggest some entrepreneurs have been elected to close the lifespan Price.

This perspective can be interpreted by the chart above, which shows open interest rising time-over-hour, along with a sudden spike in funding rate as short positions open and long ones are liquid.

Buying a spot plays an important role in the Bitcoin price rally last week, and the May 12 announcement from the approach and see the BTC ETF flows of the past 7 days increases more immediate concerns if the type of appetite that has been seen since late April will avoid another week.

Considering the speeding speed of Bitcoin adoption within traditional finances and the rapid improvement of crypto regulation environment, the current price action appears to be a short-term technical correction. Perhaps, depending on the CPI’s Printing of tomorrow, the spot and margin longs will return to the force once the market is digging the details of the report.

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.