**BTC/USD Overview**
**BTC/USD Overview**
**Current Price:** $97,000
**Market Cap:** 1.91T
**24h Volume:** 53.95B
**All-Time High:** $109,356 (Jan 20, 2025)
**All-Time Low:** $0.04865 (Jul 14, 2010)
**Major News**
1. **Bitcoin Monthly Close:** BTC/USD achieved its first six-digit monthly close ever at $102,400 on Jan 31, 2025.
2. **Institutional Activity:** Coin base registered a net outflow of over 15,000 BTC, hinting at major institutional purchases.
3. **US Economic Data:** The upcoming NFIB Small Business Optimism Index and Bureau of Labour Statistics reports on productivity and labour costs are crucial for gauging US economic strength.
4. **FTX Repayments:** FTX's upcoming repayments to creditors starting on February 18 could bring volatility for Bitcoin prices.
**Insights from Top Traders**
1. **Cassian Drake:** Suggests potential for BTC to make one last push up to $111,000 before a possible bear market.
2. **Grandmaster Oz:** Warns of potential negative impact from US political developments on crypto.
3. **Michaël van de Poppe:** Remains confident in the longer-term picture despite short-term volatility.
4. **PlanB:** Indicates that BTC is in the most intense phase of its price cycle.
**Guidance on Moving Forward**
1. **Watch Key Levels:** Keep an eye on the 0.618 Fibonacci retracement level at $96,686.26.
2. **Stay Informed:** Monitor US economic data and political developments for potential impacts on BTC/USD.
3. **Risk Management:** Ensure proper account risk management and leverage trading knowledge.
**Predictions for Next Week**
1. **Potential Upside:** February is traditionally one of Bitcoin’s best-performing months, with average gains of 14.4%.
2. **Volatility:** Expect volatility due to FTX repayments and US economic data.
3. **Support Levels:** Watch for support at the $96,000 level.
**Current Price:** $97,000
**Market Cap:** 1.91T
**24h Volume:** 53.95B
**All-Time High:** $109,356 (Jan 20, 2025)
**All-Time Low:** $0.04865 (Jul 14, 2010)
**Major News**
1. **Bitcoin Monthly Close:** BTC/USD achieved its first six-digit monthly close ever at $102,400 on Jan 31, 2025.
2. **Institutional Activity:** Coin base registered a net outflow of over 15,000 BTC, hinting at major institutional purchases.
3. **US Economic Data:** The upcoming NFIB Small Business Optimism Index and Bureau of Labour Statistics reports on productivity and labour costs are crucial for gauging US economic strength.
4. **FTX Repayments:** FTX's upcoming repayments to creditors starting on February 18 could bring volatility for Bitcoin prices.
**Insights from Top Traders**
1. **Cassian Drake:** Suggests potential for BTC to make one last push up to $111,000 before a possible bear market.
2. **Grandmaster Oz:** Warns of potential negative impact from US political developments on crypto.
3. **Michaël van de Poppe:** Remains confident in the longer-term picture despite short-term volatility.
4. **PlanB:** Indicates that BTC is in the most intense phase of its price cycle.
**Guidance on Moving Forward**
1. **Watch Key Levels:** Keep an eye on the 0.618 Fibonacci retracement level at $96,686.26.
2. **Stay Informed:** Monitor US economic data and political developments for potential impacts on BTC/USD.
3. **Risk Management:** Ensure proper account risk management and leverage trading knowledge.
**Predictions for Next Week**
1. **Potential Upside:** February is traditionally one of Bitcoin’s best-performing months, with average gains of 14.4%.
2. **Volatility:** Expect volatility due to FTX repayments and US economic data.
3. **Support Levels:** Watch for support at the $96,000 level.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.