Coinbase is struggling, bitcoin is struggling because there is “lack of positive incentives
Bitcoin price 2025 started with inspiring performance in January, as it is often moved sideways throughout the month. The negative start of Premier Cryptocurrency was to February – which decreased about $ 92,000 on the first day – a sign of what will come later in the month.
Bitcoin price has since decreased by $ 80,000, and one of its worst offers in February was published in recent years. While many experts have shared their ideas and analyzes in this stagnation in the market, analysts at Crypto Exchang Coinbase are among the latest who weigh the latest Bitcoin February record.
Bitcoin weekly decrease: What causes decrease?
In the latest market report, Coinbase David Han and David Duong analysts open The encryption markets and bitcoin are somewhat unconfirmed. This shift in the case of the market follows a bibit of $ 1.4 billion and a decrease in the total economic environment.
According to Coinbase, the latest news and decrease in the consumer morale has affected the encryption markets and the United States earlier in the week. However, the stock market wore due to the improvement of investor morale after the approval of the US House of Representatives on the budget of the year during the week.
The price of bitcoin, on the other hand, did not appear the same level of flexibility in the past seven period, and is fighting to restore some of its decisive psychological levels that exceed the level of 95,000 dollars. Now, the leading cryptocurrency trades slightly higher than the 80,000 dollar sign, reflecting a decrease of more than 12 % last week.
Han and Dong believe that the failure of the Bitcoin price of Blues early in the week was due to the lack of positive stimuli in the short term in the encryption space. In addition, analysts highlighted the lack of technical support in the area between 80,000 – 95,000 dollars.
Source: SoSoValue
The currently weak investor morale is highlighted by the heavy outputs that the US -based boxes on Bitcoin are based, as more than $ 2.9 billion were withdrawn last week. The analyst added: “At the same time, the lending markets have echoed risk morale with low leverage rates and financing rates decreased in all fields,” the analyst added.
According to the report, nearly two billion dollars were liquidated in permanent future contracts at the beginning of the week, greatly reduced the financial lever in the market. Meanwhile, the CME basis for Bitcoin and Ethereum decreased to 5 %, the lowest level since March 2023.
Bitcoin price at a glance
As of this writing, the bitcoin value is estimated at about $ 8,200, which reflects a 0.3 % decrease over the past 24 hours.
The price of BTC forms a doji candlestick on the daily timeframe | Source: BTCUSDT chart on TradingView
Distinctive image from Istock, tradingvief chart
