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Bitcoin (BTC) $ 74,595.00
Ethereum (ETH) $ 2,346.25
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USDC (USDC) $ 0.999866
Solana (SOL) $ 95.48
TRON (TRX) $ 0.307067
Lido Staked Ether (STETH) $ 2,265.05
Figure Heloc (FIGR_HELOC) $ 1.03
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USDS (USDS) $ 1.00
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Hyperliquid (HYPE) $ 42.10
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Bitcoin Cash (BCH) $ 472.42
LEO Token (LEO) $ 9.08
Wrapped Bitcoin (WBTC) $ 76,243.00
Chainlink (LINK) $ 9.91
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
Monero (XMR) $ 369.24
Wrapped Beacon ETH (WBETH) $ 2,466.93
Ethena USDe (USDE) $ 1.00
Stellar (XLM) $ 0.176967
Canton (CC) $ 0.150410
Wrapped eETH (WEETH) $ 2,465.31
Zcash (ZEC) $ 280.20
USD1 (USD1) $ 0.999415
Litecoin (LTC) $ 58.52
sUSDS (SUSDS) $ 1.08
Avalanche (AVAX) $ 10.34
Hedera (HBAR) $ 0.100757
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
Dai (DAI) $ 1.00
Rain (RAIN) $ 0.008908
PayPal USD (PYUSD) $ 1.00
WETH (WETH) $ 2,268.37
Sui (SUI) $ 1.05
Shiba Inu (SHIB) $ 0.000006
MemeCore (M) $ 1.93
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World Liberty Financial (WLFI) $ 0.102601
Tether Gold (XAUT) $ 4,965.00
Polkadot (DOT) $ 1.65
Mantle (MNT) $ 0.836240
Bittensor (TAO) $ 277.03
Ethena Staked USDe (SUSDE) $ 1.22
Uniswap (UNI) $ 4.01
PAX Gold (PAXG) $ 4,989.89
Circle USYC (USYC) $ 1.12
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
OKB (OKB) $ 95.33
NEAR Protocol (NEAR) $ 1.46
Aster (ASTER) $ 0.758289
Aave (AAVE) $ 121.87
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Falcon USD (USDF) $ 0.998367
Pi Network (PI) $ 0.175361
Sky (SKY) $ 0.073752
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Pepe (PEPE) $ 0.000004
HTX DAO (HTX) $ 0.000002
Bitget Token (BGB) $ 2.19
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Worldcoin (WLD) $ 0.398943
Gate (GT) $ 7.18
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Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.02
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
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Spiko EU T-Bills Money Market Fund (EUTBL) $ 1.21
Kelp DAO Restaked ETH (RSETH) $ 2,404.69
Render (RENDER) $ 1.84
NEXO (NEXO) $ 0.926635
Binance-Peg WETH (WETH) $ 2,262.26
Official Trump (TRUMP) $ 3.72
Rocket Pool ETH (RETH) $ 2,631.35
Algorand (ALGO) $ 0.096046
USDtb (USDTB) $ 0.999320
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Midnight (NIGHT) $ 0.050154
Janus Henderson Anemoy Treasury Fund (JTRSY) $ 1.10
Wrapped BNB (WBNB) $ 759.61
Aptos (APT) $ 1.02
Function FBTC (FBTC) $ 76,389.00
USDD (USDD) $ 1.00
Flare (FLR) $ 0.008742
Filecoin (FIL) $ 0.973699
Provenance Blockchain (HASH) $ 0.012941
OUSG (OUSG) $ 114.62
syrupUSDT (SYRUPUSDT) $ 1.11
XDC Network (XDC) $ 0.033872
Arbitrum (ARB) $ 0.109250
VeChain (VET) $ 0.007661
Binance Staked SOL (BNSOL) $ 108.24
Bonk (BONK) $ 0.000007
Jupiter (JUP) $ 0.174719
Beldex (BDX) $ 0.080210
GHO (GHO) $ 1.00
Stable (STABLE) $ 0.027388
YLDS (YLDS) $ 0.999859
Polygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
Usual USD (USD0) $ 0.998692
Solv Protocol BTC (SOLVBTC) $ 76,461.00
Siren (SIREN) $ 0.778555
Lombard Staked BTC (LBTC) $ 76,491.00
Artificial Superintelligence Alliance (FET) $ 0.236042
Virtuals Protocol (VIRTUAL) $ 0.795046
Pudgy Penguins (PENGU) $ 0.008131
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JUST (JST) $ 0.056701
TrueUSD (TUSD) $ 0.999925
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LayerZero (ZRO) $ 2.35
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Kinesis Gold (KAU) $ 161.15
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Renzo Restaked ETH (EZETH) $ 2,421.84
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IOTA (IOTA) $ 0.067388
sBTC (SBTC) $ 77,039.00
Pyth Network (PYTH) $ 0.050746
Optimism (OP) $ 0.136204
DoubleZero (2Z) $ 0.082904
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Story (IP) $ 0.815389
Savings USDD (SUSDD) $ 1.03
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Legacy Frax Dollar (FRAX) $ 0.993253
Plasma (XPL) $ 0.120259
Marinade Staked SOL (MSOL) $ 133.18
Official FO (FO) $ 0.266780
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06
Olympus (OHM) $ 16.95
crvUSD (CRVUSD) $ 0.997375
DeXe (DEXE) $ 5.63
Ape and Pepe (APEPE) $ 0.000001
Staked Aave (STKAAVE) $ 126.65

Bitcoin Price Slides Sideways On Reaching The $99,000 Line

By admin On Feb 22, 2025

Bitcoin (BTC) has risen above the moving average lines and the $95,000 support level but is being held back by the 50-day SMA barrier.

Bitcoin price long-term forecast: bearish

Bitcoin price is currently below the 50-day SMA barrier and above the 21-day SMA support. BTC will reach a high of $102,390 if it breaks above the 50-day SMA. However, Bitcoin will be forced to move in a range between the moving average lines if it gets stuck at the 50-day SMA.

On the other hand, if the bears break below the 21-day SMA, Bitcoin would fall back to its previous range between $94,000 and below the moving average lines.

Currently, Bitcoin is trying to break above the 50-day SMA and has resumed its uptrend. The price of Bitcoin is at $96,736.

Analysis of the Bitcoin price indicators

According to the analysis by Coinidol.com, after Bitcoin broke through the moving average lines, it has recovered. Before the breakout, the cryptocurrency was initially trapped between the moving average lines. If the 50-day SMA support holds, Bitcoin will rise again. The price bars are above the moving average lines on the upside, indicating a rise.

Technical indicators

Key supply zones: $108,000, $109,000, $110,000

Key demand zones: $90,000, $80,000, $70,000

What is the next move for Bitcoin?

Bitcoin has continued its uptrend after entering the uptrend zone. Bitcoin will start to rise again if the 50-day SMA support holds.

However, if the bulls are unable to sustain their bullish momentum above the 50-day SMA, Bitcoin will move between the moving average lines.

Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.

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