$BTC As of February 6, 2025, Bitcoin is trading at approximately $98,263, experiencing a slight decrease of 0.00006% from the previous close.

Recent analyses suggest that if Bitcoin's price falls below the $92,000 mark, it could potentially decline further towards $70,000.

On the corporate front, Strategy Inc. (formerly MicroStrategy) has rebranded to emphasize its focus on Bitcoin and AI. The company reported significant Q4 losses and has temporarily paused its Bitcoin purchasing spree.

In the regulatory arena, the current U.S. administration is creating a pro-crypto environment, offering banks the opportunity to engage more deeply in the crypto world without needing extensive regulatory permissions.

Historically, February has been a strong month for Bitcoin, especially in post-halving years, with average returns around 40.74%. Given that 2025 follows a halving event, similar performance could be anticipated this month.

Looking ahead, forecasts predict that Bitcoin's price could rise to approximately $128,980 by February 16, 2025, representing a potential increase of about 22.73%.

Please note that the cryptocurrency market is highly volatile. It's essential to conduct thorough research and consider your financial situation before making investment decisions.