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What to Expect from Bitcoin (BTC) Price in February 2025

What to Expect from Bitcoin (BTC) Price in February 2025
The article discusses the current price action of Bitcoin and suggests that despite being in a consolidation phase, it actually signals bullish potential. The support from long-term holders (LTHs) is highlighted as a key factor that influences major market moves and indicates a potential rally for Bitcoin. The Value Days Destroyed Multiple (VDDM) indicator is mentioned, with the current value suggesting a different market structure compared to previous cycles. The article also notes that Bitcoin's spent coin volume remains relatively controlled, signaling a more sustainable rally with reduced risk of sudden sell-offs. The ratio between long-term holder profit and loss volumes indicates that most LTHs are in profit, reinforcing the ongoing accumulation trend. The Parabolic Curve pattern is highlighted as a structure that historically precedes major rallies, and if Bitcoin closes above $110,000, a new all-time high could be established. The critical support level for Bitcoin is stated to be $92,324, and breaking below it could invalidate the bullish outlook.

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