CandleFocus Bitcoin price prediction for February 28, according to historical returns
2025-02-14
Author: Content Editor
Bitcoin's performance in the first 40 days of 2025 has not lived up to bullish expectations, with only a 3.46% increase in price. However, the cryptocurrency has remained above the important level of $95,000 and has experienced only temporary dips. When analyzing historical monthly returns, February has shown positive gains for Bitcoin, with an average appreciation of 15.2%. Despite a red mid-point for February 2025, the cryptocurrency could still potentially rise to $115,976 by the end of the month, indicating a return of the bull market. If bullish momentum continues, Bitcoin could reach as high as $166,313 or experience a 44% increase to $144,970. On the other hand, a bearish breakout could lead to a low of $66,746. Overall, Bitcoin's performance in 2024 has been strong, even when considering the worst-case scenario.
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