As of February 25, 2025, Bitcoin (BTC) is trading at approximately $92,225, reflecting a 3.98% decline from its previous close.
Currently, Bitcoin's price movement suggests difficulty in breaking past the $100,000 mark, with strong resistance around $97,500. Key support levels are positioned at $95,500 and $94,000, with a potential drop to $92,000 or even $91,200 if these levels are breached.
Macroeconomic factors and recent security concerns, including a $1.5 billion hack on the Dubai-based platform Bybit, have contributed to Bitcoinโs recent downward trend.
Traders should keep an eye on these support and resistance levels while staying updated on market developments to make informed investment decisions.