# BitcoinBTCCryptoMarketBitcoinPrice

🗓️ Monthly Closure Update 🗓️
After today’s monthly closure, the picture is much clearer now!
🔸 Key Observation:
Price was rejected again from the same Mid Range level as before.
✅ Only the wick went above — but no body closure, so it’s still seen as a rejection until we get a monthly close above $2750.
🚫 No Altseason Yet
This is exactly why I’m staying very cautious on altcoins and not sharing any altcoin trade setups for now.
🌟 My Personal Take:
I believe the ETH rally will likely start in late August or early September. That’s when I’ll begin gradually entering altcoins step by step.
🔔

As of February 5, 2025, Bitcoin (BTC) is trading at approximately $97,441, reflecting a 2.27% decrease from the previous close.
This decline aligns with recent market trends, where Bitcoin has experienced a 4.6% decrease over the past month.
Recent geopolitical events, such as increased U.S. tariffs on imports from Canada, Mexico, and China, have contributed to market volatility, leading to a significant $2 billion liquidation in the crypto market.
Despite these fluctuations, Bitcoin's long-term growth remains noteworthy. For instance, an early miner who held 50 BTC for 15 years recently tra