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Bitcoin Price Today 02/10/2025: BTC remains stuck below $100,000 but bulls want recovery
Bulls are looking for a recovery in the price of BTC, which remains stuck in a lateral movement below $100,000.
many investors are positioned in this range. In addition, there is a notable bias in negative delta, indicating greater selling pressure, but which may be being absorbed by strategic buyers.
Pump.Fun co-founder says most altcoins serve the same purpose as memecoins
$TRUMP
#SigaECompartilhe jhol-nft 💰
"Given this scenario, US$ 99,000 could be a turning point, where a break of this resistance could lead to a more aggressive upward movement. Some analysts believe that Bitcoin is preparing for a major appreciation, with ambitious projections pointing to US$ 120,000 by February. If this is confirmed, the market could enter a new phase of strong euphoria", he said. $TST
According to analyst Manish Chhetri, if BTC continues its correction, it could extend the decline to test its psychologically important level of $90,000.
$BTC
"The Relative Strength Index (RSI) on the daily chart reads 40 after being rejected from its neutral level of 50 last week, indicating bearish momentum. Additionally, the Moving Average Convergence Divergence (MACD) has shown a bearish crossover, suggesting more correction ahead. However, if BTC recovers and finds support around $100,000, it will extend the recovery to retest its January 31 high of $106,012," he says.
#LTC&XRPETFsNext?
Bulls are looking for a recovery in the price of BTC, which remains stuck in a lateral movement below $100,000.
many investors are positioned in this range. In addition, there is a notable bias in negative delta, indicating greater selling pressure, but which may be being absorbed by strategic buyers.
Pump.Fun co-founder says most altcoins serve the same purpose as memecoins
$TRUMP
#SigaECompartilhe jhol-nft 💰
"Given this scenario, US$ 99,000 could be a turning point, where a break of this resistance could lead to a more aggressive upward movement. Some analysts believe that Bitcoin is preparing for a major appreciation, with ambitious projections pointing to US$ 120,000 by February. If this is confirmed, the market could enter a new phase of strong euphoria", he said. $TST
According to analyst Manish Chhetri, if BTC continues its correction, it could extend the decline to test its psychologically important level of $90,000.
$BTC
"The Relative Strength Index (RSI) on the daily chart reads 40 after being rejected from its neutral level of 50 last week, indicating bearish momentum. Additionally, the Moving Average Convergence Divergence (MACD) has shown a bearish crossover, suggesting more correction ahead. However, if BTC recovers and finds support around $100,000, it will extend the recovery to retest its January 31 high of $106,012," he says.
#LTC&XRPETFsNext?
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Choose your favorite figure from our exclusive collection and be part of this digital art movement. Your support makes all the difference. Like and share if you liked it. Follow me
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#EstiloCartoon #ApoieAArte
#ArteExclusiva #SigaECompartilhe
$BNB $ETH $SOL
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