$BTC How you feel about Bitcoin after a big crash.

As of February 19, 2025, Bitcoin (BTC) is trading at approximately $96,333, reflecting a slight increase of 1.12% from the previous close.

Recent market dynamics have introduced both optimism and caution among investors. Notably, Anthony Scaramucci, head of a leading crypto ETF, predicts that Bitcoin could reach $200,000 this year, attributing this potential surge to increased institutional adoption and favorable regulatory prospects under the Trump administration.

However, several technical indicators suggest potential bearish trends. The formation of a "death cross," where the short-term moving average crosses below the long-term moving average, has historically signaled potential downturns. Additionally, patterns such as the double top and metrics like the Market Value to Realized Value (MVRV) Z-Score indicate possible declines, with some analyses pointing to support levels around $80,000.