Bitcoin (BTC) continues to be the center of attention in the cryptocurrency market, with its price hovering around key levels that could define its next move. BTC is currently in a consolidation phase, and analysts are divided on whether we will see a deeper correction (dip) or a significant rebound. The hashtag #BTCDipOrRebound has become a key tool to follow discussions and analysis in real time.
Current Price and Market Context
As of February 2025, Bitcoin is trading in a range of $96,000 to $97,000 USD, after having reached a recent high close to $100,000 USD. This psychological level has acted as a major resistance, while key support lies at $94,000 USD. The lack of significant volume in recent weeks suggests that the market is in a consolidation phase, waiting for a catalyst to define its next direction.