Bitcoin stands at $95,850 on February 24th, 2025. During the latest day, Bitcoin maintained its trading between $95,097 and $96,506. During the current trading day, Bitcoin has gained a marginal 0.045% in its price.
Bitcoin continues to stay near its peak prices but its 0.4% drop today lowers its return since January 2025 to under 3%. Markets are waiting for major support and resistance levels to show where Bitcoin will go next as it holds its trading range steady.
Technical Analysis: Key Support & Resistance Levels
Bitcoin requires the price to stay above $94,381 to avoid market decline. The stock faces increased selling pressure when its price drops beneath $94,381 and approaches both $92,000 and $90,500 as support barriers. A prolonged movement under $90,500 suggests investors may start selling Bitcoin leading to a descent toward $88,000.
The first obstacle Bitcoin needs to surpass lies at $97,000. A successful price breakout above $97,000 would most likely drive Bitcoin toward the strong psychological barrier at $100,000. Bitcoin may continue to rise toward $103,491 because this represents the main barrier for movement beyond its present level. A rise above $103491 shows long-term purchase interest that would likely send Bitcoin from $110000 to higher levels.
Fundamental Factors Influencing Bitcoin Price
The Bybit security breach created worry that affected market participants’ positive attitude.
A major $1.5 billion theft of Ethereum wallets at Bybit generated market uncertainty. The attack on this exchange makes investors doubt exchange security though it did not directly harm Bitcoin. Traders minimize their trading size because they worry about future hacks within the cryptocurrency network.
Institutional Interest & ETF Inflows
Institutional players remain committed to Bitcoin even though its value experiences brief dips. The introduction of Bitcoin spot ETFs allows billions of dollars to enter the market which helps maintain Bitcoin prices between 95,000 and 100,000 dollars. Large investors who see Bitcoin as a reliable asset will drive its market direction through ETF investments during the coming quarter.
Main Economic Elements of the Federal Reserve and Price Inflation Impact on Bitcoin
Global economic situations strongly affect Bitcoin values. Traders observe the U.S. Federal Reserve when it sets interest rates. Fed rate cuts in 2025 will encourage buyers to push Bitcoin over $100000. When actual inflation numbers exceed market forecasts Bitcoin finds it hard to grow because traders become cautious about market risk.
Short-Term Bitcoin Price Prediction
Bitcoin’s price trends show it will move between $94,000 and $98,000 today according to both available analysis methods. Bitcoin will slide to between $92,000 and $90,500 over the following day unless it maintains its position above $94,381. Bitcoin will move toward $100,000 and beyond during the week only if it exceeds the $97,000 barrier first.
Bitcoin continues its current neutral-to-upward trend with $94,000 acting as its main support and $98,000 serving as the barrier to overcome. Observers should monitor when bitcoin crosses past or falls through these price areas because these benchmarks will direct its price movement ahead.
Long-Term Outlook: Can Bitcoin Reach $200,000 in 2025?
Based on their market insights Bitcoin experts believe the digital currency will grow for many years ahead despite present doubts. The leader of a top crypto ETF company Anthony Scaramucci expects Bitcoin to hit $200,000 by 2025. He predicts Bitcoin will continue up because budget funds want more of it, plus Bitcoin supply will decrease in 2025 along with better state rules.
Bitcoin has a good chance of reaching $100,000–$120,000 this year if more financial institutions invest in it. Previous Bitcoin halving events always create a powerful market uptrend that begins after the process ends.
Conclusion
The Bitcoin market shows steady progress but its next price movement will come from breaking through $94,000 to $98,000 levels. If BTC breaks through $97,000 it may reach $100,000 but when prices drop beneath $94,381 the price may slide towards $92,000. The market shows strong optimism for the future because institutional investors continue to show interest and the next halving event will naturally boost prices. Following Bitcoin developments requires continuous attention to major economic indicators that drive its market behavior in 2025.
