Bitcoin is predicted to fall to $ 95,500

On Wednesday, February 5, bitcoin BTC $96,556.32 Bitcoin -1.49% Market capitalization $1.91 trillion VOL. 24 hours $2.04 billion once again failed the psychological support level of $ 100,000 after an unsuccessful attempt to gain a foothold above $ 102,500. The fall continued to $ 96,500, which became a key support zone. At the time of the news, the market leader is trading at $ 97,708.

Analysts note that a downward trend line has formed on the chart with resistance at $ 99,000. If BTC fails to break above this level, it may fall further to $ 95,500.

The main resistance level remains $ 100,000. If the price closes above this level, bitcoin could return to $ 102,500, and further growth could lead to $ 103,500.

Indicators show a slowdown in growth: The MACD is losing momentum in the positive zone, and the RSI has dropped below 50 points. This indicates market uncertainty and possible further fluctuations.

As a reminder, the cryptocurrency market suffered the largest liquidation in history after a sharp drop in prices on February 3, 2025. This happened against the backdrop of Donald Trump’s statements about the introduction of aggressive duties on imports from Canada, Mexico, and China.