Bitcoin Analysis – 25.Feb.2025
Bitcoin Analysis: Bitcoin’s 6-hour chart shows that after our last analysis, the price successfully rallied from $95,000, reaching all three targets: $96,200, $97,600, and $101,700, yielding over 8% return. Today, Bitcoin finally broke the $90,000 support after holding for several days, dropping to $86,000 before recovering to the $89,000 range. If the price stabilizes above $89,000 in the next two days, we could expect an upward move towards the next targets at $90,800, $93,800, and $98,000.Bitcoin’s 6-hour chart shows that after our last analysis, the price successfully rallied from $95,000, reaching all three targets: $96,200, $97,600, and $101,700, yielding over 8% return. Today, Bitcoin finally broke the $90,000 support after holding for several days, dropping to $86,000 before recovering to the $89,000 range. If the price stabilizes above $89,000 in the next two days, we could expect an upward move towards the next targets at $90,800, $93,800, and $98,000.
(This Post on TradingView)
Author : Arman Shaban
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