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- Bitcoin Stuck in Tight Range Amid Market Uncertainty
Bitcoin Stuck in Tight Range Amid Market Uncertainty
Bitcoin has been trading within a $4,500 range since Feb. 5, facing resistance at $98,000. Economic and technical factors suggest this consolidation may persist.
What we will talk about today...
Bitcoin Stuck in Tight Range Amid Market Uncertainty
Michael Saylor Signals Bitcoin Buy After One-Week Pause
Bitcoin Holds $95K Despite Heavy Selling Pressure

Bitcoin has been trading within a $4,500 range since Feb. 5, facing resistance at $98,000. Economic and technical factors suggest this consolidation may persist.
BREAKING: President Trump says he will announce reciprocal tariffs on Tuesday or Wednesday to go into effect almost immediately.
Trump is also announcing 25% tariffs on aluminum and steel on Monday.
— The Kobeissi Letter (@KobeissiLetter)
9:36 PM • Feb 9, 2025
Main Points:
Trump Tariffs Impact: New steel and aluminum tariffs raise inflation fears, pressuring crypto markets.
Investor Caution: Uncertainty over Federal Reserve rate moves is keeping traders on edge.
Technical Resistance: Bitcoin remains trapped between the 50-day SMA ($99,709) and 100-day SMA ($95,825).
Detailed Insights:
Tariff Concerns: Trade tensions could drive inflation, making bonds more attractive than crypto.
Liquidation Risks: Recent tariff-related volatility led to $2B in crypto liquidations.
Key Levels to Watch: BTC must reclaim $99,709 to break out; losing $95,825 could trigger a deeper correction.
Until a decisive catalyst emerges, Bitcoin may remain range-bound, with traders closely watching macroeconomic developments.

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Michael Saylor Signals Bitcoin Buy After One-Week Pause
Strategy co-founder Michael Saylor hints at another Bitcoin acquisition after a brief pause, reinforcing the company’s aggressive BTC strategy amid its recent rebrand.
Death to the blue lines. Long live the green dots.
— Michael Saylor⚡️ (@saylor)
2:38 PM • Feb 9, 2025
Main Points:
BTC Holdings Surge: Strategy now holds 471,107 BTC, worth $45.3 billion.
Rebrand to "Strategy": Formerly MicroStrategy, the company shifted branding to reflect its Bitcoin-first approach.
Q4 Bitcoin Binge: Acquired 195,000 BTC in Q4 2024, its largest quarterly purchase.
Detailed Insights:
Stock Struggles: Strategy shares are down 40% from their all-time high of $543.
Bullish BTC Outlook: Company cites ETFs, institutional adoption, and U.S. regulatory clarity as key catalysts.
Technical Support: Despite declines, Strategy stock remains above its 200-day EMA.
Saylor’s latest post suggests the buying spree will continue, reaffirming Bitcoin’s role as the company’s core asset.

₿itcoin reached $97,599. +1.25%
♢Ethereum reached $2,650. +0.41%

Bitcoin remains resilient above $95,000 despite the highest selling pressure since 2022. However, a drop below $93,000 could trigger $1.7 billion in liquidations.
*** WATCH: We have just reached the highest amount of selling pressure on Bitcoin spot exchanges since the collapse of 3AC in June 2022.
Yet, the price is still close to 100k USD.
Seller exhaustion. 🔥
— André Dragosch, PhD | Bitcoin & Macro ⚡ (@Andre_Dragosch)
8:04 AM • Feb 10, 2025
Main Points:
Massive Sell-Off: Largest daily selling pressure since Three Arrows Capital’s collapse in 2022.
Strong Support: Bitcoin bounced back from a $94,726 low, signaling possible seller exhaustion.
Trade War Concerns: U.S.-China tariffs add uncertainty, weighing on investor sentiment.
Detailed Insights:
Liquidation Risk: A fall below $93K could cause sharp volatility and liquidate $1.7B in long positions.
Key Support Levels: Further downside could push BTC to $91,500 or even below $90K.
Political Uncertainty: Delayed Trump-Xi trade talks add to economic instability.
Bitcoin’s resilience faces a critical test as global economic tensions and market leverage increase volatility risks.

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results