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Bitcoin (BTC) has broken below $95,000, but Bernstein analysts believe the rally is far from over. Currently trading at $93,400, down 2% in the past 24 hours, BTC has entered a bearish phase, confirming a symmetrical triangle breakdown.
Despite this, institutional demand remains strong, with Wall Street firms and sovereign wealth funds increasing their exposure.
While Bitcoin ETFs saw $580 million in net outflows last week, on-chain data suggests accumulation is ongoing, with a 30-day moving average inflow-to-drain ratio of 0.98, indicating investors are holding rather than selling.
According to Bernstein, this is just a temporary setback—the next leg up could be fueled by sustained institutional interest and growing adoption. So, when will Bitcoin regain momentum?
Bernstein’s Bullish Bitcoin Outlook for 2025
Investment firm Bernstein maintains that Bitcoin’s rally is far from over. Analysts believe the next leg up will be fueled by institutional adoption, ETF inflows, and macroeconomic factors.
- Bitcoin ETF approvals and the election of a crypto-friendly U.S. administration have set the stage for further gains.
- Institutional adoption is growing, with firms integrating Bitcoin into long-term investment strategies.
- Bitcoin is emerging as a store of value, with potential to challenge gold’s market dominance.
Bernstein projects BTC could hit $200,000 by 2025, driven by wider adoption and sustained investor demand.
Institutional Players Drive Market Sentiment
Bitcoin’s strength comes from large institutional investors, including Wall Street firms like Jane Street, Citadel, and Morgan Stanley, which have increased Bitcoin ETF holdings.
- Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, recently acquired $436 million in BlackRock’s Bitcoin ETF.
- JPMorgan Chase revealed holdings of $1M in Bitcoin and Ethereum ETFs, showing growing mainstream financial interest.
- Institutional investors provide long-term stability, mitigating volatility and fueling price expansion.
This rising institutional backing strengthens Bitcoin’s trajectory, positioning it as a key asset class.
Bitcoin (BTC/USD) Technical Outlook – February 18, 2025
Bitcoin is under selling pressure, currently trading at $93,400, marking a 2% decline in the past 24 hours. The cryptocurrency has decisively broken below the $95,000 support level, triggering a bearish continuation as the symmetrical triangle pattern confirms a breakdown. The 50-day EMA at $96,700 was acting as dynamic resistance, reinforcing the bearish sentiment.
On the downside, immediate support is seen at $93,100, followed by $91,600, which could serve as the next critical level if selling momentum persists. A further decline could expose Bitcoin to $89,900, a key psychological threshold that might attract dip-buying interest.
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For any short-term recovery, Bitcoin must reclaim $95,500, with additional resistance at $97,000. However, with BTC trading below both its 50-day EMA and trendline support, the market outlook remains bearish unless a reversal above $95,000 occurs.
Key Insights:
- BTC breaks below $95,000, confirming a bearish triangle breakout.
- Next major support sits at $93,100, with downside risk to $91,600.
- Recovery requires a move above $95,500, but trend remains bearish.
BTC Bull: Earn Real Bitcoin Rewards
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The project stands out by rewarding holders with Bitcoin whenever the price of BTC reaches predefined targets. This unique approach provides a tangible incentive to participate early and stay invested.
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Additionally, BTC Bull introduces a staking feature with an impressive 363% annual yield, allowing users to generate passive income while supporting the token’s growth. The presale is currently live, with tokens available at $0.00237 each.
With over $2.2 M already raised and a price increase just around the corner, now is the ideal time to secure your share of $BTCBULL and maximize potential reward.