Prediction Bitcoin this week, 17-02-2025

Greetings to you on the crypto site. My name is Viktor and today I will share my opinion about #bitcoin, #btc-usdt, using the TradingView service, here Prediction Bitcoin this week, 17-02-2025. Bitcoin Price Prediction for February 17, 2025: Cryptocurrency Market Analysis by @CryptoViktor_UA

Prediction Bitcoin

Bitcoin: Growth Ahead? Market Analysis 02.17.25

Introduction :

Fresh market insights on @CryptoViktor_UA channel today! Bitcoin analysis: growth expected? Analyzing influencing factors, charts, market sentiment. Author’s opinion, not financial advice! Invest wisely!

Article Plan:

• Where to find the @CryptoViktor_UA community
• Factors Influencing Bitcoin:
  • Fear & Greed Index
  • Technical Analysis
  • Liquidation Map
  • Market Psychology
• Analysis of Gold and S&P 500 Markets
• Bitcoin and USDT Dominance
• Total Cryptocurrency Market Cap and Altcoins
• Bitcoin Price Prediction and Trading Volumes
• Summary

Article Sections:

Where to Find the @CryptoViktor_UA Community

All the latest information and community interaction from @CryptoViktor_UA can be found on the website: cryptoviktor.com/. There you will find tools, crypto investment plans, and a section for beginners. On the @CryptoViktor_UA YouTube channel, check out the playlists “Bitcoin Weekly Forecast” and “Bitcoin Daily Forecast.” For daily updates and polls – the Telegram channel. For deeper communication and opportunities – Discord, although it is currently less active. Be aware of scammers, @CryptoViktor_UA never messages privately with offers!

Factors Influencing Bitcoin

• Fear & Greed Index: Currently, the index is at 41 – “Fear.” Technical indicators confirm seller sentiment, but the author expects a change in the situation and positive movement within the month.
• Technical Analysis: The technical analysis indicator shows the dominance of sellers, but the overall monthly forecast remains positive.
• Liquidation Map: Liquidation activity is currently balanced, but globally, liquidity from below may still be collected before further growth.
• Market Psychology: The importance of psychological resilience, especially for altcoin holders. News is often manipulative, so it is important to stick to your own strategy and DYOR (Do Your Own Research).

Analysis of Gold and S&P 500 Markets

Gold continues to grow, but the CCI indicator signals a possible trend reversal due to overbought conditions. A similar situation is with the S&P 500 stock market – slowing growth and a possible trend change. These markets are important for understanding the overall economic situation that also affects cryptocurrencies.

Bitcoin and USDT Dominance

Bitcoin dominance remains strong, altcoins are still weaker. USDT dominance shows a green candle, indicating that funds are being held in USDT, but an outflow of capital from USDT to cryptocurrencies is expected.

Total Cryptocurrency Market Cap and Altcoins

The total cryptocurrency market capitalization is in a consolidation phase, with growth expected to $3.3 trillion and higher in this cycle. Altcoins, except for the top ones, are at low levels but are starting to show signs of reversal. A full-fledged altseason has not yet occurred; Bitcoin should act as the growth engine.

Bitcoin Price Prediction and Trading Volumes

The general forecast for Bitcoin – either rapid growth in the spring is expected, or a slower movement with a peak in the fall. The target is $150-160 thousand in the current cycle. The weekly chart shows an accumulation phase, with a potential exit to $130 thousand, and then further to $150 thousand. Analysis of daily trading volumes shows areas of activity and potential resistance levels. Trading volumes at the beginning of the week are still low, their growth is expected.

Summary

The general direction of Bitcoin’s movement remains upward, but corrections and a slowdown in growth are possible. It is important to monitor trading volumes and indicators. Altcoins are still dependent on Bitcoin’s movement. Remember, this is just the author’s opinion, invest responsibly and do your own research! Subscribe to the @CryptoViktor_UA channel for daily forecasts and analytics!

• Прогноз Біткоїн на Тиждень, 17-02-2025 (моє відео українською в YouTube).
• 📌 Source: cryptoviktor.com/btc/