The world’s largest Cryptocurrency had a rocky start to the last week of January 2025. Bitcoin (BTC) slipped below the $ 100,000 brand that caused chaos on the market. This plum was linked to the advent of China -based artificial intelligence (AI) model Deepseek. But King Coin recovered in no time and was back over the sought -after $ 100,000 brand. While the latest bounce of assets was praised by society, BTC is expected to continue its current momentum and register a new height in February 2025.
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Bitcoin’s Meteoric Rise
Although the asset managed to bounce back, several analysts predicted a large case for BTC. For example, Arthur Hayes, the founder of Bitmex, revealed that King Coin could dip to a low $ 70,000. While BTC managed to recover, the access could be about to reach a new height next month.
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February prediction
Bitcoin hit a maximum of $ 109,114.88 just five days ago. Access is currently 5.9% below this price level. According to Coincex, King Coin is completely prepared to witness much greater growth beyond its current peak. The company revealed that in February, the maximum price that BTC will trade at $ 132,451 will mark an increase of 28.87% from its current price level. The average price that Bitcoin will trade throughout the month is $ 117,045. Finally, the lowest that the asset will be priced at $ 103 813.