#BTC Today, on February 6, 2025, the price of Bitcoin (lBTC) is trading around 96,497 USD, a decrease of 1.65% compared to the previous day. During the trading session, BTC reached a high of 99,004 USD and a low of 96,148 USD.

Technical analysis:
Currently, Bitcoin is testing a significant support level at 92,000 USD. If it breaks below this level, the price could continue to decline to the next support levels at 89,613 USD and 87,314 USD. On the contrary, if it surpasses the resistance level of 95,000 USD, BTC could target the resistance levels at 98,322 USD and 100,234 USD. The RSI at the level of 49 indicates neutral momentum, opening up the possibility for significant volatility in both directions.
Influencing factor:
Recently, the cryptocurrency market has been affected by economic and political decisions, especially President Trump's announcement of new tariffs on imports from Canada, Mexico, and China. This has caused uncertainty in the market, leading to a 1% decrease in Bitcoin to $97,695.
Forecast:
Analysts predict that Bitcoin could reach $150,000 by 2025, based on impressive performance in 2024 and favorable macroeconomic factors.
Conclusion:
The price of Bitcoin is currently in a period of adjustment, influenced by global economic and political factors. Investors should closely monitor important support and resistance levels, as well as update market information to make informed investment decisions.
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