1️⃣ Bitcoin (BTC) Market Update
🚀 Bitcoin (BTC) Market Update – February 16, 2025
As of today, Bitcoin is trading at $97,431, showing a slight 0.16% decline in the last 24 hours. BTC has been experiencing high volatility, with an intraday range between $96,800 and $98,200.
Key Levels to Watch:
🔹 Support: $96,500 – A breakdown below this could push BTC toward $95,000.
🔹 Resistance: $98,500 – If broken, BTC could rally toward $100K soon.
Market Sentiment & Outlook:
📊 The RSI (Relative Strength Index) is hovering around 52, indicating neutral momentum.
📈 Moving Averages (50 & 200 EMA) suggest Bitcoin is still in a bullish phase, but caution is advised.
💰 Investors are watching macroeconomic factors, such as upcoming Federal Reserve announcements, which may impact BTC’s next move.
📣 Do you think Bitcoin will break $100K this month? Drop your predictions in the comments! 👇
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