$BTC

Bitcoin (BTC) is currently trading around $95,000-$100,000 and is expected to continue a bullish trend. Some key insights:

1. Short-Term Outlook: BTC is projected to reach $108,918 by the end of February and could continue climbing towards $128,000+ by mid-March if momentum holds. A brief correction is possible, but overall sentiment remains positive .

2. Key Support & Resistance Levels:

• Support: $90,270 is a critical support level. If BTC drops below this, it may enter an “accumulation phase” where stronger buying interest emerges.

• Resistance: $118,853 is a key resistance level. If BTC breaks above this, FOMO-driven buying could push it even higher .

3. Market Sentiment: The Bitcoin Rainbow Chart suggests BTC is in the “HODL!” zone, meaning it’s neither overvalued nor undervalued. This indicates a relatively stable market where holding BTC is seen as a viable strategy .

Overall, BTC remains in a bullish uptrend, but investors should watch for macroeconomic factors and potential corrections.