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Ravinzor
@timoze
Bitcoin (BTC), the market leader, started February with optimism but faced challenges mid-month. After reaching an all-time high above $108,000 in January, Bitcoin saw a turbulent February, with posts on X suggesting a potential pullback to $96,000-$97,000, followed by a dip toward $74,000 support levels by late February, as noted by market analysts. This volatility was partly driven by significant outflows from U.S. spot Bitcoin ETFs, with reports indicating $516 million in outflows on February 25—the second-largest of the year—and an additional $750 million by February 27. Despite these bearish pressures, some analysts remain bullish, predicting Bitcoin could climb to $150,000-$200,000 by year-end, supported by historical February performance trends (a 10:2 positive-to-negative ratio) and growing institutional adoption.
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