Bitcoin Price Prediction Today February 18

Bittime - Bitcoin continues to be a digital asset that attracts attention with its dynamic price movements every day. Today's Bitcoin price analysis and predictions provide important insights for investors to understand the latest market trends. 

Influenced by market sentiment, global news, and technical indicators, Bitcoin offers both great opportunities and challenges for those immersed in the world of crypto. 

In this article, we will review the latest predictions, technical analysis, and factors that influence Bitcoin prices, so you can always be ready to face market changes.

Bitcoin Price Performance Today 

HBitcoin price currently (17/02/2025) )is trading in a range $95,966,40 take notes -1.46% decline in Last 24 hours. The market is showing volatility with daily lows at $95,828,32 and highest in $97,392,35. Bitcoin's total market capitalization stands at approx $1,902,674,501,072.13 down -1.47% Last 24 Hours.

Price BTC to USDT via Market Bittime 

Historical Bitcoin Price Movements

Bitcoin has experienced significant growth over the past year, with a notable increase of approx 141,83% since January 2024, when the price is approx $42.461. This cryptocurrency hit an all-time high in $109.588 before Donald Trump's inauguration on January 20, 2025. This surge reflects bullish market sentiment, driven by expectations of pro-crypto policies from the new administration.

This price drop may reflect selling pressure in the market, although the support level around $95,000 may give investors hope for a price recovery if bullish momentum returns.

Read too Bitcoin (BTC) Price Prediction: Comprehensive Analysis

Factors Affecting Bitcoin Prices

Global Market Sentiment

Bitcoin price movements are currently heavily influenced by global market sentiment. Reports of tariffs that China will impose on energy imports from the US have sparked concern among investors, causing prices to fall.

Economic Policy

Economic policies issued by the government also play an important role. For example, US President Donald Trump's move to impose tariffs on steel and aluminum had a short-term positive impact on Bitcoin prices.

Technical Analysis

Technically, Bitcoin is in a consolidation phase around the $96,200 support level, with immediate resistance near the $98,000 level. The rising wedge pattern seen may indicate a potential further decline if there is no reversal.

ETF Fund Flows

Fund flows from ETFs also influence Bitcoin price dynamics. Spot Ethereum ETF trading in the US attracted $420 million in inflows, outstripping positive $203.54 million inflows to Bitcoin ETFs.

Conclusion

Overall, Bitcoin prices are currently influenced by global market sentiment, economic policies, technical analysis, and ETF fund flows. Investors are advised to remain vigilant and monitor the latest developments in the market to make informed investment decisions.

Read too Everything Happening to Bitcoin Through 2024: BTC ETFs, Trump, and the All-Time High

Bitcoin (BTC) Support and Resistance Levels February 17-18, 2025

Bullish Scenario

Trigger: CPI data shows lower-than-expected inflation, and the Fed hints at the potential for easing interest rates. Positive sentiment ahead of Trump's presidency which is considered friendly towards cryptocurrencies.

Technical Indicators: The M2 oscillator shows a strong buy signal, while a bullish flag pattern is visible on the weekly timeframe.

Price Targets: If Bitcoin manages to break through resistance at $100,000, the next target can be achieved $103,500 until $110,000, potentially even higher up to $122,000. Analysts predict prices could reach $200,000 by 2025, with the potential to reach $225,000 in June 2025.

Supporting Factors: Strong institutional interest and the potential for Bitcoin to be made a strategic reserve asset by the US supports this bullish sentiment.

Consolidation Scenario

Trigger: Investors are taking a cautious stance ahead of the release of CPI data and Powell's speech.

Price Movement: Bitcoin tends to move sideways and consolidate within a certain range.

Price Levels: The main support is at the Mid Bollinger Band approx $96,217.36. If price stays above this level, consolidation may continue.

Investor Strategy: Portfolio diversification is a recommended strategy to deal with market uncertainty.

Bearish Scenario

Trigger: Inflation remains high and the Fed maintains tight policy, creating uncertainty in the markets.

Technical Indicators: A head and shoulders pattern appears, indicating a potential reversal in market direction.

Price Targets: Dip below the head and shoulders neckline (approx $90,000) could push Bitcoin to fall into the area $74,100 or even deeper until $57,600. A decline below the Mid Bollinger Band (approx $96,217.36) is also a bearish signal.

Risk Factors: High CPI data and US government policy towards Bitcoin are the main risks that investors need to pay attention to.

Conclusion

Overall, Bitcoin price movements in the period 17-18 February 2025 are strongly influenced by macroeconomic and technical factors. Investors are advised to remain alert to the latest developments and consider possible scenarios to make informed investment decisions.

Bitcoin (BTC) Price Prediction February 18, 2025

Bitcoin is expected to move within a range $95,500 until $98,000 on February 18, 2025. 

Currently, Bitcoin price is in a range $95,966,40 with a decrease of -1,46% in the last 24 hours. The technical pattern shows that BTC is still in a consolidation phase, with key support levels nearby $95,500 and the nearest resistance is at $98,000.

Read too How to Buy Bitcoin (BTC)

Conclusion

In conclusion, Bitcoin prices on 17-18 February 2025 show volatility with movements expected to be in a range $95,500 until $98,000. 

Although there is bullish potential if it succeeds in breaking through resistance at $98,000, increased selling pressure and bearish technical patterns such as a rising wedge can cause further declines if support is in $95,500 failed to maintain. 

Investors are advised to monitor market developments and technical indicators to make informed trading decisions.

FAQ

1. What is the expected Bitcoin price range on February 18, 2025?

Bitcoin is expected to move in the $95,500 to $98,000 range on February 18, 2025.

2. What could trigger an increase in Bitcoin prices?

Bitcoin price increases could occur if it manages to break through resistance at $98,000, which could open up opportunities towards the $100,000 level.

3. What risks should investors be aware of?

Investors should be alert to potential downside if support at $95,500 fails to hold, which could cause the price to fall further to the $90,000 level.

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