Bitcoin Stays Around $96,000: Analysts Discuss Future Trends Amid Conflicting Signals

**Institutional Inflows Surge Amid Regulatory Uncertainty, Navigating Bitcoin’s Path Between Optimism and Caution**

Bitcoin’s journey is currently marked by rising institutional inflows, even as regulatory uncertainties loom, creating a delicate balance between growth and caution. As of February 24, 2025, Bitcoin is trading at $94,000, according to CoinMarketCap data, reflecting a modest 0.25% increase over the past 24 hours, with price fluctuations ranging from $95,120 to $96,503. This price point is still 12% below its all-time high of $109,114, achieved in January 2025.

Analysts at ETHNews foresee a moderate upward trend this week but advise caution due to potential volatility linked to macroeconomic updates. They maintain a neutral-to-bullish outlook for the short term. Trading platforms like TradingView are signaling buy opportunities across weekly charts, bolstered by moving averages and momentum indicators. According to Invest, a horizontal trend channel has been identified, with critical support at $93,900 and resistance at $98,200. A sustained breakout above $98,200 could potentially ignite a rally towards $105,000, as suggested by MMCrypto.

ETHNews also anticipates ongoing accumulation by large investors, which could exert upward pressure on prices. CoinCodex predicts a weekly trading range of $97,787 to $105,993, aligning with bullish technical patterns. However, traders are taking a more conservative stance, estimating Bitcoin will hover around $96,665 by the end of the week. Notably, Michael Saylor has made headlines by purchasing an additional $2 billion worth of Bitcoin, as reported by Arkham.

On the flip side, Charles Hoskinson has raised concerns about potential instability due to upcoming economic data releases, including U.S. inflation figures and employment reports, which have historically impacted crypto markets. While Bitcoin’s correlation with traditional risk assets remains a consideration, it has weakened since 2024.

Since February 20, Bitcoin has maintained its position above $90,000, despite a decline in trading volumes. Data from derivatives markets indicates cautious positioning, with open interest in futures contracts dropping by 7% week-over-week, according to Bitget, while funding rates have remained neutral. Retail trading activity appears subdued compared to institutional flows, with platforms like Coinbase reporting consistent buy orders from corporate treasuries and ETFs. Additionally, Grayscale’s Bitcoin Trust has seen its first inflows in six months, signaling a resurgence of institutional interest.

Regulatory developments continue to be a wildcard in the market. The SEC’s pending decision on spot Ethereum ETFs could have indirect effects on Bitcoin’s momentum, while Congressional hearings on stablecoin legislation may also influence market sentiment. From a technical perspective, Bitcoin needs to reclaim the $98,000 mark to confirm bullish momentum. If it fails to break through this level, it risks consolidating between $93,900 and $96,500.

Long-term holders appear to be holding steady, with Glassnode data indicating that 70% of Bitcoin’s supply has remained inactive for over a year. Traders are now closely monitoring two key levels: $98,200 as a breakout point and $93,900 as essential support. A close below $93,900 could jeopardize bullish setups, leading to potential liquidations. Conversely, a sustained move above these levels could pave the way for further gains.

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