#breakingnews : $BTC will explode

As of January 31, 2025, Bitcoin is trading at approximately $104,677, experiencing a slight decrease of 0.4% from the previous close.

On the 4-hour chart, Bitcoin is attempting to break above the resistance level, indicating a bullish momentum. However, with the monthly close approaching, there's potential for a market dip due to long liquidation pressures. Bulls are striving to close above $106,000, aiming for a target of $120,000 if successful.

Historically, February has been a strong month for Bitcoin, with average gains of 16.6%. If this trend continues, we could see prices exceeding $120,000 in the coming month.

Given the current market volatility, it's crucial to stay informed and exercise caution in trading decisions.