Bitcoin (BTC) has now decreased 8% in February and less than a week after registering its first monthly return since February 2020. The average return of about 14%, the possibility of Bitcoin’s new highs (ATH) is relatively low depending on the current feelings.
Bitcoin monthly return. Source: COINGLASS
Bitcoin realized that the cap increased 23% in three months.
Bitcoin spent 65 days from $ 97 to $ 92,000 to $ 100,000 out of $ 97 on November 19, 2024. In the majority in 2025, Bitcoin did not make a lot of optimistic progress after the first break of $ 74,000 in the previous ATH.
In fact, Bitcoin increased only 1.97% this year. This integration can withdraw in several stages, but Sina G, a 21st Bitcoin supporter and co -founder, stressed that Bitcoin’s realized CAP increased $ 160 billion.
Bitcoin has realized a cap chart. source: their
Bitcoin’s realized CAP emphasizes not only the facts of the token, but also the current sales value as well as the economic footprints.
The increase of $ 160 billion meant “new net money”, as the researcher explained. SINA thought of this metrics as “progress” despite BTC’s current market problems.
However, due to the lack of price movement, network activities have been lowered. Bitcoin researcher Axel Adler JR. pointed out that BTC’s daily transmission has decreased by 76% with a 74% decrease in active wallets over the last seven days.
Bitcoin old long -term holder activity chart. Source: cryptoquant
However, ADler’s weekly newsletter also pointed out that investors’ actions continue to indicate elasticity by destroying long -term holders without panic sales and coin Day destroying new low -numbered data.
relevant: $ 90K BULL Market Support Restest? 5 things to know in Bitcoin this week
Can Bitcoin finish at less than $ 95,000?
Bitcoin registered a flash crash of $ 102,000 to $ 91,100 for the first 48 hours in February. But the encryption asset has closed more than $ 95,000 every day for this moon.
Bitcoin 4 hours chart. Source: COINTELEGRAPH/TradingView
But over last week, $ 95,000 has been tested three times, and the level of support is weakened depending on the session. As you can see above, $ 95,000 is the last major buffer before Bitcoin falls less than $ 91,000, and you can potentially visit the range of less than $ 90,000.
The recent 20,356-BTC acquisition news cannot cause short-term modifications to Bitcoin, so the possibility of deeper modifications is continuously increasing.
Spot Bitcoin Exchange-Traded Funds are leaked on February 20th.
relevant: The strategy is to buy 20,356 Bitcoin for almost $ 2B. Holdings Approach 500K BTC
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.