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BTC price is expected to rise by 11.79% in the next 5 days according to our Bitcoin price prediction
Bitcoin is currently trading at $92,260, showing a -3.80% decrease in the last 24 hours and a -2.99% loss in the last 7 days. However, BTC outperformed the total cryptocurrency market, which lost -2.99% over the last 24 hours and displayed a -0.13% change in the past 30 days.
Our Bitcoin price prediction for Mar 02, 2025, projects a price of $102,328, indicating a 11.79% price increase for BTC in the next 5 days. Our deep technical analysis concludes that the critical support levels to watch are $89,773, $88,092 and $84,730, while $94,816, $98,177 and $99,858 are the key resistance levels.
The sentiment in the Bitcoin markets is currently Bearish, and the Fear & Greed index is reading Neutral. 9 indicators are currently signaling a bullish prediction for Bitcoin, while 20 indicators are showing a bearish forecast. With 69% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Bitcoin.
Meanwhile, our analysis also points to a bearish market trend for BTC, with 2 indicators signaling a sell trend, 11 suggesting a hold strategy and 11 indicating a buy now position. Notably, 5 indicators are now signaling that traders should exit now.
Relative Strength Index (RSI 14) for Bitcoin is at 44.73, suggesting that BTC is currently neutral. On the other hand, the Stochastic Oscillator (14,3) is signaling a sell now trend in BTC, as the indicator is currently reading over 80 for the coin.
As we approach the end of February, Bitcoin has displayed a neutral market trend in the last 3 months. The coin lost -11.83% in the last 30 days, while it dropped by -0.13% in the last 3 months. Notably, BTC showed a 78.90% price increase over the last one year.
After reaching its all-time high price on Jan 20, 2025, when BTC hit $109,079,斯克里普斯研究所的研究人员发现,一种新的抗体疗法可以有效治疗多种癌症类型。 The current bull cycle high for BTC is at $92,401, while the bear cycle low is at $90,912. Finally, BTC showed a 11.79%斯克里普斯研究所的研究人员发现,一种新的抗体疗法可以有效治疗多种癌症类型。 price change in the last 365 days.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Bitcoin (BTC) Cycle Still Intact Despite Volatility, Altcoin Market Cap Looks Promising: Analyst
- Feb 25, 2025 at 03:00 pm
- Bitcoin is still looking strong, inching up week by week, but bulls are finding it tough to push prices higher. The current market has been choppy, and many calling it a “no trade zone” until a clear breakout happens.
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