Bitcoin ($BTC) Market Analysis (As of Feb 2, 2025 - 02:30 UTC)
š° Price: $100,919.85
š 24h Change: -1.72% (Continued retracement, testing support levels)
š 7-day Change: -3.58% (Short-term correction, consolidating)
š 30-day Change: +3.89% (Moderate uptrend, holding structure)
š 90-day Change: +46.00% (Still in a strong long-term rally)
š 24h Trading Volume: $28.16B (-38.17%, significant drop in trading activity)
š¹ Current Outlook:
Bitcoin is testing the key psychological level of $100K as support. A break below could send BTC toward $98K, a crucial demand zone. On the upside, resistance remains at $103K-$105K, where bulls need to reclaim momentum. With volume dropping, a decisive move could be coming soon. 0 reply
0 recast
0 reaction