🚀Has the BTC bull market sounded? Analysis of new price trends!

As of February 21, 2025, the trading price of Bitcoin (BTC) jumped to $98,613, fluctuating between $96,811 and $98,782 during the day.

Spot Trading Strategy Guide

Good entry opportunity: Once BTC breaks through the $100,000 mark, accompanied by a surge in trading volume, it indicates that the upward trend is established and the time to enter the market is ripe.

Exit strategy: Lock in $106,000 as a profit target, and set a stop loss near $92,000 to avoid potential risks.

Bullish signal analysis

BTC is firmly above $98,000, demonstrating its upward potential. Institutional support, such as MicroStrategy's recent purchase of 7,600 BTC, further boosts market confidence. If the $100,000 mark continues to be conquered, it may indicate that BTC will set a new high.

Bearish risk warning

If BTC loses the $92,000 support, selling pressure may intensify. Macroeconomic variables, especially potential interest rate hikes, may become a stumbling block for BTC prices. Traders need to keep a close eye on these key price levels.

Risk warning: The cryptocurrency market is volatile. Please be sure to conduct in-depth research before entering the market and carefully assess your risk tolerance. 🔍💼