Bitcoin -8.16 % is trading less than predicting price on February 06, 2025
| Coincodex
Release responsibility: This is not an investment advice. The information provided is for general purposes only. There are no information, materials, services, and other content provided on this page that constitute a request, recommendation, support, any financial advice, investment, or any other advice. Find independent professional consultations in the form of legal, financial and financial advice before making any investment decision.
- Bitcoin decreased by -3.24 % today against the US dollar
- Bitcoin is currently trading by 8.16 % less than our prediction on February 06, 2025
- Bitcoin gained 5.55 % last month and rose 137.24 % one year ago one year ago
Bitcoin price | 102,080 dollars |
Bitcoin prediction |
111,148 dollars (9.08 %) |
Feelings |
Climb |
Fear and greed index |
68 (greed) |
Main support levels | 100,746 dollars, 99,102 dollars, 96,571 dollars |
Main resistance levels | 104,921 dollars, 107,452 dollars, 109,096 dollars |
The BTC price is expected to increase by 9.08 % in the next five days, according to our bitcoin price expectations
According to our Bitcoin forecast, BTC is expected to reach a price of $ 111,148 by February 06, 2025. This represents a 9.08 % price increase for BTC in the following five days.
BTC prediction scheme
Buy/sell bitcoin
What was happening with Bitcoin in the last 30 days
Bitcoin has recently exposed a positive trend, as the currency has gained 5.55 % at the last 30 days. The medium range of bitcoin was bullish, as BTC has increased by 50.73 % in the past three months. The long -term image of Bitcoin was positive, as BTC currently shows the price change by 137.24 %. On this day last year, BTC was traded at $ 43,029.
Bitcoin reached the rise of its price at all on January 20, 2025, when the price of BTC reached its climax at 109,079 dollars. The current BTC session is 106,208 dollars, while the low cycle is at 97,785 dollars. BTC shows low fluctuations recently-currency fluctuation for one month at 4.15. Bitcoin recorded 18 green days in the last 30 days.
Technical analysis of Bitcoin for today – 01 February, 2025
Feelings in the Bitcoin market are currently ascending, and the Fear & Greed index reads greed. The most important support levels that must be seen are $ 100,746, 99,102 dollars and 96,571 dollars, while 104,921 dollars, 107452 dollars and 109,096 dollars are the main resistance levels.
Bitcoin budgets
26 indicators currently indicate bullish predictions for Bitcoin, while two duties indicators appear. With 93 % of the indicators that prefer positive prediction. This results in general Climb Bitcoin feelings.
The encryption market is currently witnessing greedy
Currently, an index of fear and greed in 68 (greed)That indicates that investors have a positive look at the market. Fear & Greed is a scale of feelings among cryptocurrencies. The “greed” reading indicates that investors are currently optimistic about the cryptocurrency market, but it can also be an indication that the market is exaggerated. On the other hand, reading “fear” indicates that investors are currently hesitating in the encrypted currency market, which is likely to represent the opportunity to buy.
Mediterranean bitcoin and vibrations
Let’s take a look at some of the most important technical indicators indicate. We will pass the main movement and vibrations that will allow us to get a better idea of how to put Bitcoin in the market today.
a period | Simple daily | Daily Asian | Simple weekly | Si -weekly |
Ma3 | 100,718 dollars (He buys) | 100324 dollars (He buys) | – | – |
Ma5 | 101,164 dollars (He buys) | 98,777 dollars (He buys) | – | – |
Ma10 | 103,248 dollars (He sells) | 97,492 dollars (He buys) | – | – |
Ma21 | 101,749 dollars (He buys) | 97,035 dollars (He buys) | 113,835 dollars (He sells) | 86,146 dollars (He buys) |
Ma5 | 99,248 dollars (He buys) | 94,935 dollars (He buys) | 88,306 dollars (He buys) | 71,868 dollars (He buys) |
Ma100 | 92,516 dollars (He buys) | 88375 dollars (He buys) | 63,503 dollars (He buys) | 58,486 dollars (He buys) |
Ma200 | 77280 dollars (He buys) | 78,961 dollars (He buys) | 46,894 dollars (He buys) | 45,517 dollars (He buys) |
a period | value | an act |
RSI (14) | 52.67 | neutral |
Stoch RSI (14) | 43.77 | neutral |
Fast stochastic (14) | 62.05 | neutral |
The commodity channel index (20) | 66.67 | neutral |
Average direction index (14) | 9.40 | neutral |
Wonderful oscillator (5, 34) | 3,795.17 | neutral |
Momentum (10) | 2,867.00 | neutral |
MACD (12, 26) | 13.15 | neutral |
Williams range (14) | -37.95 | neutral |
Final oscillator (7, 14, 28) | 51.09 | neutral |
Voma (10) | 104,062.80 | He buys |
The moving average of the body (9) | 101,367.97 | He buys |
Ichimoku Cloud B/L (9, 26, 52, 26) | 99,539.51 | neutral |
The RSI (RSI 14) is a widely used indicator that helps to inform investors whether the original is at the present time in excessive timing. RSI 14 for Bitcoin 52.67, indicating that BTC is currently neutral.
The simple moving average for 50 days (SMA 50) takes into account the price of Bitcoin closure over the past fifty days. Currently, Bitcoin is traded below the SMA 50 direction line, which is a declining signal.
Meanwhile, the simple moving average for 200 days (SMA 200) is a long -term trend line that is calculated by taking the average BTC closing price for 200 days. BTC is now trading without SMA 200, indicating that the market is currently declining.
The bottom line about this bitcoin prediction
After looking at the above factors, we can conclude that the current expectations for predicting bitcoin prices Climb. BTC will have a 9.08 % increase to strike our goal 111,148 dollars within the next five days. Moving forward, it will be important to monitor the morale of the BTC market, support levels, main resistance and other standards. However, we have to keep in mind that cryptocurrency markets are unpredictable, and even the largest encryption assets offer many fluctuations in price. To predict the long -term bitcoin prices, click here.
Release responsibility: This is not an investment advice. The information provided is for general purposes only. There are no information, materials, services, and other content provided on this page that constitute a request, recommendation, support, any financial advice, investment, or any other advice. Find independent professional consultations in the form of legal, financial and financial advice before making any investment decision.