Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rejecting from daily highs of $96,677 on Bitstamp.
Unable to shake its low-timeframe range, Bitcoin maintained what had become a repetitive series of stable trading during Europe and Asia hours flipping to downside for the US session.
“$BTC US Market Open sell offs are pretty rough recently,” popular trader Daan Crypto Trades wrote in part of an X post on the day, highlighting the Wall Street selling.
Fellow trader Roman described the trading range as “absolute carnage.”
“Constant fakeouts on both sides, low volume, & hard to determine momentum,” he summarized.
Seeking cause for optimism, Cold Blooded Shiller noted weakening momentum on each sell-off, seeing the potential for a push to $101,000 should a major short squeeze event take place.
As Cointelegraph reported, the area immediately above the $100,000 mark is already on the radar as an upside target.
BTC/USD 1-day chart with RSI data. Source: Rekt Capital/X
Popular trader and analyst Rekt Capital meanwhile eyed what could become a bullish divergence on the daily Relative Strength Index (RSI).
“Subtle Lower Lows on the price action and Higher Lows on the RSI Potential early-stage Bullish Divergence developing on the Daily timeframe,” he told X followers.
Another post contextualized daily price action, with $97,700 a key level to reclaim as support for bulls.
BTC/USD 1-day chart. Source: Rekt Capital/X
Bitcoin gives way to booming gold
Continuing, trading firm QCP Capital described current sideways markets across risk assets as the “pain trade.”
Geopolitical tensions and US trade tariffs remained a headache, it acknowledged, while crypto, and in particular altcoins, faced internal tailwinds.
“Despite these headwinds, Bitcoin remains resilient around the $95k level after dipping towards $93k, but struggling to break higher amid a lack of catalysts in the short term,” it concluded in its latest bulletin to Telegram channel subscribers.
Gold once again formed a macro outlier, hitting yet another all-time high on the day and closing in on the $3,000 threshold.
“Gold prices have recorded 5 consecutive weekly gains, the longest streak since 2020. Over this time, gold prices have risen +11%,” trading resource The Kobeissi Letter responded in part of its latest analysis.
“This comes after a +27% gain seen in 2024, the third-best year since 1980.”
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Bullish alert #om strong buying pressure going to explode easily hit 10$ soon put stop loss on 7 and get ready for take off to 10$ #bullish #BuyTheDip $OM $
#BERRISH Alert ! OM is currently at the key point and likely to dump.
Don't take short position here,let it go down and get a little pullback at the support.And after retesting the support , When it closes its candle below support , Only then go for a short .
Some people chase romance. Others chase green candles.
One might end with heartbreak. The other? Well… a well-placed trade never lets you down.
So next time someone invites you to a “dinner with candles,” make sure to clarify: do they mean the kind that burns money, or the kind that makes money #CryptoLovePoems
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As of February 10, 2025, BurgerCities (BURGER) is trading at approximately $0.80 per token. If you invest $1,000, you would acquire around 1,250 BURGER tokens.
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To hit $1 million, BURGER would need to reach $800 per token based on your current holdings. Given its circulating supply, this would push its market cap into the multi-billion-dollar range, making it a top-tier crypto asset.
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Crypto is full of surprises, and while some coins have seen unbelievable gains, it’s also a highly volatile market. 🚨 Always do your research, manage risks, and invest wisely!
💬 Do you think $BURGER can hit $100? Drop your thoughts below! 🍔🚀🔥
Mention stop loss as well SOLANA making higher lows from 222 to going upwards
Harshit9423
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Bullish
SOL: Get Ready for Liftoff! 🚀 Check out this chart 📈 – it's screaming "UP!" If you're looking for opportunity, this is it. My analysis shows a clear upward trajectory for SOL. I bought in at 232, targeting a sell at 245. Whether you're a spot trader or a futures fanatic, this is your chance to capitalize on the market's predictable moves. Here's the Play: * Entry: 232 * Target Sell: 245 * Stop Loss: 229 * Trading Style: Your choice! Spot or Futures. * Futures Traders: Max leverage 8x. (Remember, leverage can magnify both gains and losses, so trade responsibly!) Don't miss out on this potential profit! Analyze the chart, make your move, and ride the wave! 🌊 #sol #SolanaUSTD #solanAnalysis #cryptooinsigts
Less chance to drop due to higher buying pressure and SOL also make higher highs in the chart next leg should moves higher even I am in short also I thought it’s go up
Don’t be greedy play scalp trade based on market conditions if continue trade fails reverse trade type and always keep stop loss don’t worry if it hits you can save major part