Bitcoin in the crypto market of $ 3.5 trillion $101,794.5While the price decreases, it is thought that February can perform strongly based on past data. Investors reported that they closely monitor market movements and critical support zones.
Analyst Opinions
Expert Mister Crypto pointed out the expectation of February by 14.46 %of February, while emphasizing 43.55 %of last year’s return. Analyst said that a cautious approach is important in line with current trends.
Mister Crypto: “It may be useful to be cautious in price movements.”
According to Glassnode’s analysis, Bitcoin has received a purchase and sale of $ 94,000-$ 101,000 in the last 45 days. This reveals that the region, where the price concentrates around $ 98,000, can play both resistance and support.
Glassnode: “If the price concentrates in this range, this region can strengthen the role of support and resistance.”
Other Economic Expectations
In addition, crypto analyst Mags stated that Bitcoin would enter the rally in the future, while other commentators made predictions about the new peak levels. Charlie said that Bitcoin could experience significant increases towards the end of the year by making assessments like Charlie.
Mags: “Bitcoin will enter the rise and rally.”
Bitcoin’s current price is around 102.208 dollars, while daily percentage changes, as well as weekly and monthly mobility attracts attention. The total value of the market and the dominance of Bitcoin are among the important elements that investors will follow in creating strategy.
Investors are trying to make decisions by evaluating support zones and past performance data. Although the wavy course of the market is foreseen based on expert analysis, it may be useful to consider the relevant risk factors. This approach is seen as a guide for the development of the right strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
