$BTC February has historically performed strongly for Bitcoin, with an average return of 13.62% since 2010. Additionally, after halvings, February often shows significant upside, with an average return of 40.74% in the post-halving years. If this trend continues, February 2025 is expected to be favorable for BTC, with the potential to reach or exceed $120,000 if it manages to break through the trendline resistance around $110,000.

Currently, critical support is around $92,324, and if Bitcoin moves below this level, there is a risk of a further decline towards $85,000, which could invalidate the bullish view. However, if Bitcoin can maintain or rise above this support level, the potential for it to head towards $105,000 or even higher remains.