What to Expect from Bitcoin (BTC) Price in February 2025
Bitcoin’s consolidation signals bullish potential, with a Parabolic Curve pattern hinting at a rally to $120,000. Can BTC sustain its uptrend?
Bitcoin’s price action has remained in a consolidation phase, which at first glance may seem bearish. However, this setup actually signals bullish potential.
The cryptocurrency has received strong backing from long-term holders (LTHs), a key cohort that typically influences major market moves. With this support, BTC appears primed for a rally.
Bitcoin Investor’s Resilience Is Key
The Value Days Destroyed Multiple (VDDM) is a crucial indicator for tracking Bitcoin’s market trends. It compares short-term spending to yearly averages, with high values (above 1.4) indicating a heating market. Extreme values (over 2.9) have historically marked cycle peaks, signaling potential corrections.
Currently, VDDM sits at 1.22, suggesting a different market structure than previous cycles.
Unlike past bull runs, Bitcoin’s spent coin volume remains relatively controlled despite reaching new all-time highs (ATHs). This signals a more sustainable rally, reducing the risk of sudden sell-offs. With no extreme spikes in VDDM, Bitcoin has room for further growth, supporting the argument for a continued uptrend in the near future.
Bitcoin VDD Multiple. Source:
Glassnode
Bitcoin’s long-term holder profit and loss volumes provide another key insight into market momentum. The ratio between these two metrics remains significantly elevated, indicating that most LTHs are in profit. This pattern is characteristic of bull market phases, where minimal supply is held at a loss, reinforcing the ongoing accumulation trend.
As long-term holders continue to retain their BTC, selling pressure remains low. This behavior supports Bitcoin’s ability to maintain its bullish trajectory without major drawdowns. With limited LTH supply at a loss, the cryptocurrency is positioned for sustainable gains, increasing the likelihood of an extended upward move.
Bitcoin LTH Profit/Loss Ratio. Source:
Glassnode
BTC Price Prediction: New High Ahead
Bitcoin’s price is currently setting up a Parabolic Curve pattern, a structure that historically precedes major rallies. Over the past year, BTC has established three bases, a key characteristic of this setup. The next phase of this formation suggests an impending breakout, which could drive the cryptocurrency significantly higher.
For confirmation, Bitcoin must close above $110,000, which would establish a new ATH. The Parabolic Curve pattern indicates a potential rally similar to previous base breaks, which theoretically could push BTC toward $185,661. However, a more practical and realistic target places BTC on track to reach $120,000 in the near term.
Bitcoin Price Analysis. Source:
TradingView
Currently, Bitcoin’s critical support level stands at $92,324, a price it has tested multiple times since mid-November 2024. Losing this support is unlikely unless selling pressure intensifies. However, if BTC breaks below this threshold, it could fall toward $85,000, invalidating the bullish outlook and delaying further gains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Powell: Employment is weakening, inflation remains high, and no one is talking about rate hikes now
Powell pointed out that the U.S. labor market is cooling, with hiring and layoffs slowing down and the unemployment rate rising to 4.4%. Core PCE inflation remains above the 2% target, but service inflation is slowing. The Federal Reserve has cut interest rates by 25 basis points and started purchasing short-term Treasury bonds, emphasizing that the policy path needs to balance risks between employment and inflation. Future policies will be adjusted based on data. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its generated content are still in the process of iterative improvement.

$RAVE TGE Countdown: When Clubbing Becomes an On-Chain Economic Activity, the True Web3 Breakthrough Moment Arrives
RaveDAO is rapidly growing into an open cultural ecosystem driven by entertainment, becoming a key infrastructure for Web3 to achieve real-world adoption and mainstream breakthrough.

A "hawkish rate cut" that's not so "hawkish," and balance sheet expansion that's "not QE"
The Federal Reserve has cut interest rates by another 25 basis points as expected, still projecting one rate cut next year, and has launched an RMP to purchase $40 billion in short-term bonds.


