Cryptocurrency news

Bitcoin (BTC) $ 72,957.00
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Lido Staked Ether (STETH) $ 2,265.05
Figure Heloc (FIGR_HELOC) $ 1.02
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WhiteBIT Coin (WBT) $ 53.15
Hyperliquid (HYPE) $ 42.36
LEO Token (LEO) $ 10.11
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Cardano (ADA) $ 0.250248
Bitcoin Cash (BCH) $ 440.17
Wrapped Bitcoin (WBTC) $ 76,243.00
Chainlink (LINK) $ 9.02
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
Zcash (ZEC) $ 375.10
Wrapped Beacon ETH (WBETH) $ 2,466.93
Monero (XMR) $ 339.10
Ethena USDe (USDE) $ 0.999553
Canton (CC) $ 0.145865
Wrapped eETH (WEETH) $ 2,465.31
Stellar (XLM) $ 0.154207
MemeCore (M) $ 2.75
sUSDS (SUSDS) $ 1.08
Dai (DAI) $ 0.999890
Litecoin (LTC) $ 54.68
USD1 (USD1) $ 0.999328
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
PayPal USD (PYUSD) $ 0.999693
Avalanche (AVAX) $ 9.28
Rain (RAIN) $ 0.008119
WETH (WETH) $ 2,268.37
Hedera (HBAR) $ 0.088298
Sui (SUI) $ 0.933947
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Circle USYC (USYC) $ 1.12
Tether Gold (XAUT) $ 4,723.54
Bittensor (TAO) $ 265.11
World Liberty Financial (WLFI) $ 0.079921
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Ethena Staked USDe (SUSDE) $ 1.22
PAX Gold (PAXG) $ 4,732.33
Mantle (MNT) $ 0.678748
Polkadot (DOT) $ 1.28
Global Dollar (USDG) $ 1.00
Uniswap (UNI) $ 3.14
Sky (SKY) $ 0.078055
Falcon USD (USDF) $ 0.997495
OKB (OKB) $ 85.30
NEAR Protocol (NEAR) $ 1.35
Pi Network (PI) $ 0.167234
Little Pepe (LILPEPE) $ 2.16
Aster (ASTER) $ 0.671337
HTX DAO (HTX) $ 0.000002
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USDD (USDD) $ 1.00
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Janus Henderson Anemoy Treasury Fund (JTRSY) $ 1.10
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Ondo (ONDO) $ 0.253571
KuCoin (KCS) $ 8.55
Gate (GT) $ 6.69
Quant (QNT) $ 76.52
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Render (RENDER) $ 2.02
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Spiko EU T-Bills Money Market Fund (EUTBL) $ 1.23
Jito Staked SOL (JITOSOL) $ 124.46
Worldcoin (WLD) $ 0.279490
POL (ex-MATIC) (POL) $ 0.085023
Kelp DAO Restaked ETH (RSETH) $ 2,404.69
Cosmos Hub (ATOM) $ 1.78
NEXO (NEXO) $ 0.894321
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Rocket Pool ETH (RETH) $ 2,631.35
USDtb (USDTB) $ 1.00
Ethena (ENA) $ 0.093195
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.05
Blockchain Capital (BCAP) $ 83.06
Wrapped BNB (WBNB) $ 759.61
Arbitrum (ARB) $ 0.114527
Function FBTC (FBTC) $ 76,389.00
Filecoin (FIL) $ 0.896411
Aptos (APT) $ 0.851820
OUSG (OUSG) $ 114.87
Midnight (NIGHT) $ 0.040735
Flare (FLR) $ 0.007710
syrupUSDT (SYRUPUSDT) $ 1.11
Official Trump (TRUMP) $ 2.81
Siren (SIREN) $ 0.884589
Provenance Blockchain (HASH) $ 0.011180
Binance Staked SOL (BNSOL) $ 108.24
JUST (JST) $ 0.070301
Beldex (BDX) $ 0.079850
XDC Network (XDC) $ 0.030761
VeChain (VET) $ 0.007040
YLDS (YLDS) $ 0.999962
GHO (GHO) $ 0.999611
NEW X CEO IS BACK (XFLOKI) $ 0.506041
Polygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
Jupiter (JUP) $ 0.164314
Solv Protocol BTC (SOLVBTC) $ 76,461.00
Dash (DASH) $ 45.90
Lombard Staked BTC (LBTC) $ 76,491.00
Stable (STABLE) $ 0.026185
Usual USD (USD0) $ 1.00
Artificial Superintelligence Alliance (FET) $ 0.236803
clBTC (CLBTC) $ 76,920.00
Bonk (BONK) $ 0.000006
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A7A5 (A7A5) $ 0.012626
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RaveDAO (RAVE) $ 2.06
StakeWise Staked ETH (OSETH) $ 2,419.84
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ADI (ADI) $ 4.33
Kinetiq Staked HYPE (KHYPE) $ 33.97
Virtuals Protocol (VIRTUAL) $ 0.673100
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Liquid Staked ETH (LSETH) $ 2,406.26
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Kinesis Silver (KAG) $ 75.51
Ether.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
Lido DAO (LDO) $ 0.331480
Renzo Restaked ETH (EZETH) $ 2,421.84
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Kaia (KAIA) $ 0.047572
Noon (NOON) $ 0.751949
sBTC (SBTC) $ 77,039.00
Conflux (CFX) $ 0.053626
Ape and Pepe (APEPE) $ 0.000001
Celestia (TIA) $ 0.305622
Jupiter Staked SOL (JUPSOL) $ 115.56
USDai (USDAI) $ 1.00
Savings USDD (SUSDD) $ 1.03
Legacy Frax Dollar (FRAX) $ 0.993971
DoubleZero (2Z) $ 0.078638
Maple Finance (SYRUP) $ 0.233668
Marinade Staked SOL (MSOL) $ 133.18
Official FO (FO) $ 0.266838
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06
JasmyCoin (JASMY) $ 0.005316

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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