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Cryptocurrency News Articles

Bitcoin (BTC) Prepares for a Massive Move as Market Awaits a High-Volatility Breakout

Feb 20, 2025 at 12:00 pm

A positive view suggests that Bitcoin is preparing for a massive move into all-time highs, as speculation grows that this recent consolidation is merely the calm before the storm.

Bitcoin (BTC) Prepares for a Massive Move as Market Awaits a High-Volatility Breakout

Bitcoin price analysis suggests that a massive move is brewing, with some speculating on a drop below $90K.

After two weeks of consolidation and selling pressure below the $100K level, Bitcoin price is now hovering around $96,400. Bulls need to hold current prices and push above the $98K and $100K marks, which align with the 4-hour 200 EMA and MA, respectively. Reclaiming these levels as support is crucial to confirm a breakout and shift sentiment in favor of buyers.

However, some analysts speculate that BTC will drop below the $90K level, setting new short-term lows before finding strong demand. Others anticipate the price to push above ATH, breaking past $109K and entering price discovery.

Bitcoin price remains in a holding pattern, with no clear indication of a bullish breakout or a deeper correction yet. This indecisive price action is leaving investors frustrated as they await a breakout.

Bitcoin has been stuck in a tight range, with failed attempts to break higher or lower, leaving market participants in a wait-and-see mode. If BTC manages to push above $100K and hold it as support, an aggressive rally toward new all-time highs could follow. However, failing to reclaim these levels and breaking below the $94K support could spark a wave of selling pressure, sending BTC into lower demand zones around $90K.

CryptoQuant analyst Axel Adler shared an analysis on X revealing that over the past month, Bitcoin’s volatility range has halved, dropping from 80% to 40%. Adler states that, in the end, this compression will lead to an aggressive move in one direction. Historically, when volatility contracts to this extent, it signals that a significant price movement is on the horizon.

Moreover, a positive view suggests that this recent consolidation is merely the calm before the storm, with Bitcoin preparing for a massive move into all-time highs as speculation grows. BTC remains strong, maintaining a long-term bullish structure despite failing to confirm short-term direction. The market has been in a tight range for the past few weeks, with BTC trading between $94K and $100K, frustrating both bulls and bears as investors await a breakout.

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Other articles published on Feb 21, 2025