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Despite the Trump administration announcing the strategic Bitcoin and crypto reserve, which was highly anticipated, the ongoing tariff trade wars have changed the entire market dynamics. Consequently, on-chain data shows institutional investors have dramatically reduced their appetite for crypto assets, led by the U.S. spot BTC ETFs which have lost over $4.3 billion in the past two months.
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has seen sharp fluctuations, recently peaking before a significant drop triggered by economic concerns. Amid this volatility, large investors, commonly known as whales, have shifted their strategies. Analysts highlight that this renewed BTC whale activity could influence a market rebound, as their movements historically impact price trends. Additionally, a major development in U.S. policy, the introduction of a strategic Bitcoin reserve, has sparked fresh interest in BTC. With billions in holdings and a shift toward retaining seized BTC, this move could reshape market dynamics.
#TradingAnalysis101 #TradingTales On February 20, 2025, Solana (SOL) experienced significant price movements that garnered attention from traders and analysts alike. At 10:00 AM UTC, SOL's price surged by 7.2% within a 15-minute timeframe, reaching a high of $245.32. This spike was accompanied by a substantial increase in trading volume, with a peak of 1.2 million SOL traded on the Binance exchange alone during this period [Source: CoinMarketCap, February 20, 2025]. The sudden uptick in price and volume was partly attributed to a tweet by a prominent crypto influencer, Bold Leonidas, which highlighted Solana's potential for growth [Source: Twitter, @boldleonidas, February 20, 2025]. Additionally, the Solana
BTC price trends have been very volatile recently, as it reached $94,727 a few days ago before crashing. The day after, the price went as low as $82,105 as the fear of American tariffs shook the market. Since then, BTC has been mostly trading under $90,000, experiencing a decline today and trading at $86,000. This marks a nearly 20% drop from the coin’s $109,000 all-time high recorded in January. However, there have been some positive indicators of a future BTC price surge.
Bitcoin's price has also risen by 8.27% in the past week. The current price is $87,588.59 per BTC with a 24-hour trading volume of $58.71B. Currently, Bitcoin is valued at 19.66% below its all time high of $109,026.02. This all-time high was the highest price paid for Bitcoin since its launch.
BTC made two failed attempts at breaking through the $90.6K-$90.8K resistance zone and has now retreated to sit on the acceleration trendline. The previous support zone at $88.3K-$88.4K has served its purpose and is now invalidated as the trading range has expanded.