$BTC As of February 6, 2025, Bitcoin (BTC) is trading at approximately $97,652, reflecting a slight decline of about 1.08% from the previous close.

Recent market movements have been influenced by escalating trade tensions between the U.S. and China, leading to increased uncertainty and a cautious approach among investors. Analysts suggest that this environment could result in traders de-risking, potentially pushing Bitcoin’s price down to $80,000—a significant 18% drop from its current level. 

On the technical front, Bitcoin has recently tested the crucial $90,000 support level following a wave of selling pressure. The cryptocurrency briefly dipped under $92,000 before making a swift recovery, reclaiming the $100,000 mark. This volatility has been exacerbated by escalating trade tensions between the U.S., China, and Canada, injecting uncertainty into global financial markets. 

Looking ahead, some analysts remain optimistic, predicting that Bitcoin’s price could surpass $150,000 in the first half of 2025, driven by increased adoption by institutions, corporations, and possibly governments. 

In summary, while Bitcoin is currently experiencing a slight downturn, its future trajectory will depend on various factors, including macroeconomic conditions, regulatory developments, and market sentiment.