Bitcoin’s (BTC) Price History Prediction Is $120,000 in February: Details
The post Bitcoin’s (BTC) Price History Prediction Is $120,000 in February: Details appeared on BitcoinEthereumNews.com.
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The cryptocurrency market had a rough start to 2025, but Bitcoin (BTC) held its ground, ending the month with 11.5% growth and staying strong above $100,000 per BTC. This was a surprise since most market participants thought it would be a slow month. It makes one wonder what will happen in February. Historically, February has been a great month for Bitcoin. Looking at CryptoRank statistics from 2011 to 2024, we can see an average monthly gain of 16.6%, with a median profitability of 14.7%. So, if we see a similar increase in February 2025, Bitcoin’s price could go above $120,000. Related It is worth noting that Bitcoin has only seen losses in February twice in the last decade — in 2023 and 2020, during some pretty unusual market times. The FTX collapse and broader economic instability caused the downturn in 2023, while 2020’s decline happened at the start of the pandemic. Apart from these outliers, February has always been a hot time for price action. BTC Price History by CryptoRank Last year, BTC surged by 44% in February, which, if it happened again, would drive its price to about $150,000. While that is a bit of a long shot, past performance suggests there is a good chance it will soar again this month. Related The crypto market is always a bit…
Filed under: News - @ January 31, 2025 3:24 pm