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Bitcoin’s Volatility Continues: Key Levels to Watch for the Next Move

Wed, 26 Feb 2025, 02:48 am UTC

Bitcoin’s Volatility Continues: Key Levels to Watch for the Next Move. Source: Image by Mohamed Hassan from Pixabay

Bitcoin’s price action remains turbulent, with the flagship cryptocurrency dropping 9% in two days to $88,000, triggering $1.5 billion in liquidations. Despite market chaos, top trader DonAlt sees nothing unusual, emphasizing that a potential rebound is on the horizon—if BTC can reclaim critical levels.

The key price level to watch is $90,787. According to DonAlt, if Bitcoin closes above this point, bullish momentum could push it toward $100,000, where major resistance awaits. However, failure to hold this level may keep traders cautious, with some eyeing a drop to $73,000 to close the CME gap.

DonAlt advises patience, suggesting that the best strategy is to wait for confirmation. If Bitcoin convincingly reclaims $100,000, then a stronger commitment to the market would make sense. Chasing dips in a volatile market carries unnecessary risk, making disciplined trading the most rational approach.

Despite recent liquidations and market uncertainty, DonAlt remains unfazed. As long as Bitcoin holds key support levels, he sees no reason to panic. The coming days will be critical in determining whether BTC can regain its bullish trend or face further corrections.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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